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Wage and employment cyclicalities at the establishment level

Merkl, Christian; Stüber, Heiko - 2021

We document substantial cross-sectional heterogeneity of German establishments' real wage cyclicality over the business cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical wages. We estimate a negative connection between...

Persistent link: https://www.econbiz.de/10012626934

Wage cyclicalities and labor market dynamics at the establishment level : theory and evidence

Merkl, Christian; Stüber, Heiko - 2016

This paper analyzes the effects of different wage cyclicalities on labor market flow dynamics at the establishment level. We derive a model that allows for heterogeneous wage cyclicalities across firms over the business cycle and confront the theoretical results with the new AWFP dataset, which...

Persistent link: https://www.econbiz.de/10011574241

Value added, wages, and labor market flows at the establishment level

Merkl, Christian; Stüber, Heiko - 2017

In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level. For this purpose, we first develop a simple model to illustrate the expected comovement of these variables. For the empirical analysis, we link the new German Administrative Wage...

Persistent link: https://www.econbiz.de/10011585891

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2019

match quality, we find that wages of new hires from unemployment are no more cyclical, but those of job changers are more …

Persistent link: https://www.econbiz.de/10012027613

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2017 - Draft: October 2017

-employee matches, we also find no excess wage cyclicality for new hires from unemployment - the key worker type's wage for … understanding unemployment fluctuations in matching models. …

Persistent link: https://www.econbiz.de/10011756338

Wage and employment cyclicalities at the establishment level

Merkl, Christian; Stüber, Heiko - 2021

Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics of macroeconomic models, there is little empirical evidence on this topic. We use the German AWFP dataset to document that wage cyclicalities are very heterogeneous across...

Persistent link: https://www.econbiz.de/10014393229

The Causal Effect of Unemployment Duration on Wages : Evidence from Unemployment Insurance Extensions

Schmieder, Johannes F. - 2013

This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the …

Persistent link: https://www.econbiz.de/10013071300

Immigrants' Complementarities and Native Wages : Evidence from California

Peri, Giovanni - 2007

As of 2004 California employed almost 30% of all foreign born workers in the U.S. and was the state with the largest percentage of immigrants in the labor force. It received a very large number of uneducated immigrants so that two thirds of workers with no schooling degree in California were...

Persistent link: https://www.econbiz.de/10012777397

Spill-Overs from Good Jobs

Beaudry, Paul - 2010

Does attracting or losing jobs in high paying sectors have important spill-over effects on wages in other sectors? The answer to this question is central to a proper assessment of many trade and industrial policies. In this paper, we explore this question by examining how predictable changes in...

Persistent link: https://www.econbiz.de/10012760221

Reservation Wages and Unemployment Insurance

Shimer, Robert - 2010

welfare. This insight leads to a novel test for the optimality of unemployment insurance based on the responsiveness of … reservation wages to unemployment benefits. Some existing estimates imply significant gains to raising the current level of … unemployment benefits in the United States, but highlight the need for more research on the determinants of reservation wages. Our …

Persistent link: https://www.econbiz.de/10012760612