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wages in start-ups unambiguously predicts the existence and the direction of wage differentials between spin-offs and non … to other high-tech start-ups. However, neither a comprehensive theoretical assessment nor the empirical literature on …. Using a unique linked employer-employee data set of German high-tech start-ups, we estimate Mincer-type wage regressions …
Persistent link: https://www.econbiz.de/10011279464
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 workers'...
Persistent link: https://www.econbiz.de/10014446339
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/10013412969
development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are …
Persistent link: https://www.econbiz.de/10010297646
This paper analyses the effect of training participation on employees' retention in the training company. It for the first time empirically combines the human capital and the monopsony theory by jointly controlling for the portability, visibility, and credibility of training. Based on an...
Persistent link: https://www.econbiz.de/10011427791
Firms are affected by the product demand. This leads to employment adjustments. In the literature we find only very few … statistics. We find that the employment adjustment cycle coincides only to a certain degree with the macroeconomic cycle … internal employment adjustments. Cyclical effects are ambiguous. The next step, the determination of external adjustments with …
Persistent link: https://www.econbiz.de/10010298715
Persistent link: https://www.econbiz.de/10011885587
Collective bargaining in Germany takes place either at the industry level or at the firm level; collective bargaining … structure of wages. Ceteris paribus, a higher share of employees in a firm covered by industry-wide or firm-level contracts is … associated with higher wages. Yet, individual bargaining coverage in a covered firm shows a negative impact both on the wage …
Persistent link: https://www.econbiz.de/10010298031
stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …
Persistent link: https://www.econbiz.de/10010297774
reallocation and the flexibility of wages in western German manufacturing. Using the plant-specific residual wage dispersion as a … proxy for wage flexibility, we find that more flexible wages are associated with less job reallocation due to demand shocks … hypothesis that more flexible wages should help employers in dissolving bad matches, this relationship is found to be most …
Persistent link: https://www.econbiz.de/10010297984