Showing 1 - 10 of 13
This paper summarizes evidence for the existence of a wage curve a downward-sloping relationship between the level of pay and the local unemployment rate in modern micro data. At the time of writing, the curve has been found in 40 nations. Its elasticity is approximately -0.1. -- wage...
Persistent link: https://www.econbiz.de/10003391949
Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters for wage growth are the non-employment rate and the...
Persistent link: https://www.econbiz.de/10013448558
Using a linked employer-employee data set for Germany, this paper analyses wage setting in a cohort of newly founded … smaller in eastern than in western Germany. The wage differential is shown to decline over time as the newly founded firms …Unter Verwendung eines kombinierten Firmen-Beschäftigten- Datensatzes für Deutschland analysiert dieser Beitrag die …
Persistent link: https://www.econbiz.de/10010297201
empirical evidence on this firm age - wage nexus for Germany. We find that older firms pay on average higher wages for workers …-Arbeitnehmer-Datensatzes präsentieren wir erste empirische Ergebnisse für Deutschland zu diesem Zusammenhang. Wir stellen fest, dass innerhalb …
Persistent link: https://www.econbiz.de/10010299231
This paper examines the impact of innovations and wages on the demand for heterogeneous labour. Based on matched data from the IAB-establishment panel survey and the files of the employment statistics register for the year 1995, input shares derived from a generalised Leontief cost function are...
Persistent link: https://www.econbiz.de/10011318593
Making use of unique balanced panel data for the German chemical sector from the years 2008 to 2011, we explore the extent to which managers' compensation was affected by the economic crisis and the extent to which it increased afterwards. Carrying out longitudinal analyses, we find that, on...
Persistent link: https://www.econbiz.de/10009754706
We combine status quo and social comparison considerations and investigate whether relative wage increases in the sense of differences between individual wage increases and wage increases of comparable employees are related to managers' job satisfaction. Using a panel data set of managers in the...
Persistent link: https://www.econbiz.de/10011502544
as sex and age are explored. Those between East- and West-Germany diminish over time. -- job characteristics ; job …
Persistent link: https://www.econbiz.de/10009521259
The impact of wage increases on job satisfaction are explored. First, it is empirically established that current job satisfaction rises with absolute wage level as well as with wage increases. Second, a basic job satisfaction function is constructed based on the empirical results, and...
Persistent link: https://www.econbiz.de/10011404103
We investigate the effects of works councils on employees' wages and job satisfaction in general and for subgroups with respect to sex and occupational status. Making use of a German representative sample of employees, we find that employees, who move to a firm with a works council, report...
Persistent link: https://www.econbiz.de/10009126995