Showing 1 - 10 of 450
Empirical work on price-cost margins often treats costs as exogenous. Allowing for endogenous costs when estimating price-cost margins is the topic of this paper. Methodologically, the endogenous cost model we propose leads to an additional equation that allows for the simultaneity in price...
Persistent link: https://www.econbiz.de/10011436365
Die vorliegende Untersuchung befaßt sich mit verschiedenen Verfahren zur Berücksichtigung von Einkommensvorteilen aus selbstgenutztem Wohneigentum ("Imputed Rent") und deren Einfluß auf die personelle Einkommensverteilung. Nach einer theoretischen Darstellung der Verfahren und ihrer...
Persistent link: https://www.econbiz.de/10011433765
This article deals with income advantages derived from owner occupied housing (Imputed Rent, IR) and their impact on the personal income distribution. Following a brief description of different methods with which to calculate IR in household surveys, we conduct a cross-national comparative study...
Persistent link: https://www.econbiz.de/10011435844
Die Studie analysiert die Determinanten der Inzidenz, des Umfangs und der Kompensation von Überstunden in Westdeutschland und Großbritannien in den Jahren 1991 bis 1998. Ist die Inzidenz von Überstunden in beiden Ländern noch durchaus vergleichbar, so arbeiten britische Arbeitnehmer im...
Persistent link: https://www.econbiz.de/10011433960
conditions. The issue of wage arrears (unpaid wages or outstanding pay), which affects half of all employees, plays an important … role in the determination of wages. Studies, which do not account for wage arrears, overestimate the overall inter …
Persistent link: https://www.econbiz.de/10011436169
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373904
This paper exploits discontinuities induced by earnings caps for social security contributions (SSC) in Germany to analyse the effect of SSC on gross labour earnings. Empirical evidence is based on two complementary approaches utilising two administrative data sets. First, employment responses...
Persistent link: https://www.econbiz.de/10011280002
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/10012160640
formation of reservation wages. Building on the theoretical reasoning of compensating differentials proposing that the labor … market compensates higher wage risk with higher wages, this study investigates whether the gender gap in wage expectations … school graduates in which we elicited information on the entire distribution of expected wages, this study documents that …
Persistent link: https://www.econbiz.de/10011865456
principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second … growth in the variance of residual wages over the first ten years of the worker's career are also the occupations with high …
Persistent link: https://www.econbiz.de/10003974544