This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...

Dieser Beitrag schildert die Entwicklung der relativen Bezahlung der Hochqualifizierten in Staat und Privatwirtschaft in Westdeutschland seit 1977. Es zeigt sich, dass seit ca. 1987 die relative Bezahlung der Hochqualifizierten im öffentlichen Dienst im Vergleich zur Privatwirtschaft massiv...

This paper examines critically the system of industry-level wage bargaining in Germany. More specifically, it shows that the importance of industry-level wage bargaining declines in Germany and that one major reason for this development is the highly restrictive institutional framework. However,...

This paper analyzes the influence of the structure of collective wage bargaining on direct investment abroad. A wage negotiations model shows that high productive firms benefit from centralized bargaining and invest therefore less abroad than under dezentralized bargaining. An empirical study...