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Hours risk and wage risk : repercussions over the life-cycle

Jessen, Robin; König, Johannes - 2020

We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...

Persistent link: https://www.econbiz.de/10012145317

Personality traits across the life cycle : disentangling age, period, and cohort effects

Fitzenberger, Bernd; Mena, Gary; Nimczik, Jan Sebastian; … - 2019

Despite the importance for socio-economic outcomes, there is an ongoing debate about the stability of personality traits over the life cycle. By disentangling age, period and cohort influences on personality traits, this paper adds to the existing empirical contributions, which often focus on...

Persistent link: https://www.econbiz.de/10012139018

Performance feedback and job search behavior : empirical evidence from linked employer-employee data

Pohlan, Laura; Steffes, Susanne - 2022

In this paper, we study whether performance feedback can serve as an instrument for firms to increase employee retention. Feedback on the relative performance may affect individual job search behavior differently depending on workers' relative rank among their peers. In line with these...

Persistent link: https://www.econbiz.de/10013411291

Higher-order income risk over the business cycle

Busch, Christopher; Ludwig, Alexander - 2020

We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income process by GMM for household data from the United States. We find countercyclical...

Persistent link: https://www.econbiz.de/10012215285

Regional structural change and the effects of job loss

Arntz, Melanie; Ivanov, Boris; Pohlan, Laura - 2022

’ careers if this decline is particularly severe in their local labor market? This paper uses administrative data from Germany …

Persistent link: https://www.econbiz.de/10013266324

Wage discrimination and occupational segregation of foreign male workers in Germany

Velling, Johannes - 1995

We analyze wage discrimination against foreign male workers in Germany with respect to different nationality groups and …

Persistent link: https://www.econbiz.de/10011622892

The long-term earnings' effects of a credit market disruption

Adamopoulou, Effrosyni; De Philippis, Marta; Sette, Enrico - 2023

This paper studies the long-term consequences on firms and workers of the credit crunch triggered by the 2007-2008 global financial crisis. Relying on a unique matched bank-employer-employee administrative dataset, we construct a firm-specific credit supply shock and examine firms’ and...

Persistent link: https://www.econbiz.de/10014440036

Low-wage jobs : stepping stone or poverty trap?

Knabe, Andreas; Plum, Alexander - 2010

We examine whether low-paid jobs have an effect on the occupational advancement probability of unemployed persons to obtain better-paid jobs in the future (stepping-stone effect). We make use of data from the German Socio-Economic Panel (SOEP) and apply a dynamic random-effects probit model. Our...

Persistent link: https://www.econbiz.de/10008796259

Evolution of the East German wage structure

Brüll, Eduard; Gathmann, Christina - 2020

We analyze the evolution of the wage structure in East Germany over the past two decades and compare it to West Germany …. Both regions experienced a rise in wage inequality between 1995 and 2009 with wage dispersion in East Germany exceeding … West Germany, esp. at the top. We also show that wage inequality is no longer rising in Germany and has even been declining …

Persistent link: https://www.econbiz.de/10012387849

Job search with subjective wage expectations

Drahs, Sascha; Haywood, Luke; Schiprowski, Amelie - 2018

This paper analyzes how subjective expectations about wage opportunities influence the job search decision. We match data on subjective wage expectations with administrative employment records. The data reveal that unemployed individuals over-estimate their future net re-employment wage by 10%...

Persistent link: https://www.econbiz.de/10011899242

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