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Rising wage inequality, the decline of collective bargaining, and the gender wage gap

Antonczyk, Dirk; Fitzenberger, Bernd; Sommerfeld, Katrin - 2010

This paper investigates the increase in wage inequality, the decline in collective bargaining, and the development of the gender wage gap in West Germany between 2001 and 2006. Based on detailed linked employer-employee data, we show that wage inequality is rising strongly – driven not only by...

Persistent link: https://www.econbiz.de/10003946241

The residency discount for rents in Germany and the Tenancy Law Reform Act 2001 : evidence from quantile regressions

Fitzenberger, Bernd; Fuchs, Benjamin - 2016

Most countries show a residency discount in rents for sitting tenants. In the wake of strong rent increases and housing shortages, Germany implemented a reform in 2001 to curtail rent increases. Based on linked housing-tenant data for Germany, this paper estimates panel OLS and quantile...

Persistent link: https://www.econbiz.de/10011422580

The role of asset markets for private consumption: evidence from paneleconometric models

Dreger, Christian; Reimers, Hans-Eggert - 2009

We explore the long and short run relationship between private consumption, disposable income and housing and financial wealth approximated by price indices for a panel of industrialized countries. Consumption, income and wealth are cointegrated in their common, but not in their idiosyncratic...

Persistent link: https://www.econbiz.de/10010271108

A sequential decomposition of the drop in collective bargaining coverage

Fitzenberger, Bernd; Sommerfeld, Katrin - 2015

Union representation has been in strong decline in most OECD countries with potentially important consequences for wages. What drives this decline? We try to answer this question by developing and implementing a detailed decomposition approach based on Fairlie (2005). Using linked...

Persistent link: https://www.econbiz.de/10010532456

Employment and earnings effects of awarding training vouchers in Germany

Doerr, Annabelle; Fitzenberger, Bernd; Kruppe, Thomas; … - 2014

In 2003, Germany moved from a system in which participants in training programs for the unemployed are assigned by caseworkers to an allocation system using vouchers. Based on the rich administrative data for all vouchers and on actual program participation, we provide inverse probability...

Persistent link: https://www.econbiz.de/10010405990

On the Stability of the German Beveridge Curve: A Spatial Econometric Perspective

Kosfeld, Reinhold; Dreger, Christian; Eckey, Hans-Friedrich - 2006

In this paper, the framework of the aggregated Beveridge curve is used to investigate the effectiveness of the job matching process using German regional labour market data. For a fixed matching technology, the Beveridge curve postulates a negative relationship between the unemployment rate and...

Persistent link: https://www.econbiz.de/10010260953

European Regional Convergence in a Human Capital Augmented Solow Model

Eckey, Hans-Friedrich; Dreger, Christian; Türck, Matthias - 2006

In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...

Persistent link: https://www.econbiz.de/10010260988

Do wealthier households save more? The impact of the demographic factor

Belke, Ansgar; Dreger, Christian; Ochmann, Richard - 2012

the savings rate is not homogeneous. On average, the effect attributed to real estate dominates the other components of … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …

Persistent link: https://www.econbiz.de/10010287332

M3 money demand and excess liquidity in the euro area

Dreger, Christian; Wolters, Jürgen - 2008

Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find evidence in favour of a stable long run money demand function. The equation appears to be increasingly unstable if more recent data are used. If the link between money balances and...

Persistent link: https://www.econbiz.de/10010291768

Money velocity and asset prices in the euro area

Dreger, Christian; Wolters, Jürgen - 2008

Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand function seems to be increasingly unstable if more recent data are used. If the link between money balances and the macroeconomy is fragile, the rationale of monetary aggregates in...

Persistent link: https://www.econbiz.de/10010291770