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We set up a two-country general equilibrium model, in which heterogeneous firms from one country (the source country) can offshore routine tasks to a low-wage host country. The most productive firms self-select into offshoring, and the impact on welfare in the source country can be positive or...
Persistent link: https://www.econbiz.de/10010338380
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The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...
Persistent link: https://www.econbiz.de/10012438474
We analyse in what way co-determination affects non-compliance with the German minimum wage, which was introduced in 2015. The Works Constitution Act (WCA), the law regulating co-determination at the plant level, provides works councils with indirect means to ensure compliance with the statutory...
Persistent link: https://www.econbiz.de/10014435269
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What determines the structure of labour market institutions? This paper argues that common explanations based on rent sharing are incomplete; unions, job protection, and egalitarian pay structures may have as much to do with social insurance of otherwise uninsurable risks as with rent sharing and...
Persistent link: https://www.econbiz.de/10009786721
Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood … household structure is widely neglected. Societal trends like a decline in birth rate and an increase in the risk of divorce … paper is to quantify the proportion of changing household structures in the increase in inequality. We find that the rise in …
Persistent link: https://www.econbiz.de/10008698414
comprehensive study of wealth and its distribution in Germany since the 19th century. We combine tax and archival data, household …
Persistent link: https://www.econbiz.de/10013187686
investigate this, we estimate an EASI demand system from German household data and a labour supply schedule, using wage data, and … support can be mustered without hurting equity too much. We also investigate the effects of Germany meeting its legal target …
Persistent link: https://www.econbiz.de/10012668336
effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was … the number of future contributors. That is one of the reasons why, in Germany as elsewhere, pay-as-you-go pension systems …
Persistent link: https://www.econbiz.de/10009780203