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In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …
Persistent link: https://www.econbiz.de/10010260756
Persistent link: https://www.econbiz.de/10010283773
formation: industry, location and change over time. The data is for West Germany and covers the 1983-97 period. Our analysis …
Persistent link: https://www.econbiz.de/10010260649
Financial theory creates a puzzle. Some authors argue that high-risk entrepreneurs choose debt contracts instead of equity contracts since risky but high returns are of relatively more value for a loan-financed firm. On the contrary, authors who focus explicitly on start-up finance predict that...
Persistent link: https://www.econbiz.de/10010260685
overtime in West Germany. A descriptive analysis suggests that over a 10-year period workers with unpaid overtime experience on …
Persistent link: https://www.econbiz.de/10010260801
This paper analyzes the distribution of technical efficiency within manufacturing industries. Using a representative sample of 35,000 firms in 255 industries of the German cost structure census, technical efficiencies are estimated by applying a deterministic frontier production function with...
Persistent link: https://www.econbiz.de/10010260821
jointly analyze wage dynamics and the incidence of profit-sharing in West Germany. Our findings reveal a significantly …
Persistent link: https://www.econbiz.de/10010260895
Due to the complexity of employment protection legislation (EPL) in Germany, there is notable uncertainty about the …
Persistent link: https://www.econbiz.de/10010260929
This paper investigates the link between the optimal level of non-financial firms' liquid assets and industry-level uncertainty. We develop a structural model of a firm's value maximization problem that predicts that as industry-level uncertainty increases the firm will increase its optimal...
Persistent link: https://www.econbiz.de/10010260994
In an open-shop model of trade union membership with heterogeneity in risk attitudes, a worker's relative risk aversion can affect the decision to join a trade union. Furthermore, a shift in risk attitudes can alter collective bargaining outcomes. Using German panel data (GSOEP) and three novel...
Persistent link: https://www.econbiz.de/10010264999