workers in Germany, firms have incentives to invest relatively more into capital equipment complementary to unskilled workers … evidence consistent with this view based on an industry panel for West Germany and the US between the 1970s and 1990s. We show … that capital equipment per worker is less positively associated with the wage differential in West Germany than in the US …

principles, instruments, target groups and governance in Germany, France, the Netherlands, Switzerland, the United Kingdom, the …

household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First …, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it …