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This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...
Persistent link: https://www.econbiz.de/10013428321
This paper examines how municipal taxes respond to the local impact of a labor market shock. The analysis exploits a commuting policy that liberalized cross-border labor markets between Switzerland and the EU. The reform was implemented at a time of skilled labor shortages and led to a...
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Germany. Based on two comparable household surveys, I estimate the wage gap between part-time and full-time employees in … Germany and the Netherlands, taking into account individual and job-specific characteristics and treating participation and … differentials between full-time and part-time employees, leads one to suppose that the existing wage gap in Germany may impede women …
Persistent link: https://www.econbiz.de/10001567890
The literature on wage bargaining so far mainly argues that unemployment benefits are relevant outside options for employees. This paper demonstrates that also a change in outside wage options drives wages in continuing jobs. The authors use the natural experiment of a crafts reform that reduces...
Persistent link: https://www.econbiz.de/10012421893
In this paper the impact of working hours on the gross hourly wage rate of West German women is analyzed. We use a simultaneous wage-hours model which takes into account the participation decision. First, our estimates show that the hourly wage rate is strongly affected by the working hours. In...
Persistent link: https://www.econbiz.de/10013428291
Discontinuities in the employment profile are supposed to cause wage cuts since they imply an interruption in the accumulation of human capital as well as a depreciation of the human capital stock built up in the past. In this paper, we estimate the return to effective experience, taking into...
Persistent link: https://www.econbiz.de/10013428383