public sector in neither country. Thus real wage flexibility is similar in the two countries, apart from East Germany …, despite apparent differences in wage-setting institutions …

encompass between-job wage movements linked to promotions or demotions while job spells don't. Using a 1% sample of the British … any positive effects of job-specific human capital on wage growth within jobs are outweighed by the effects of job changes …

expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement … incentives, e.g., social security wealth or health status, the steepness of the wage profile will have different incentives for …

We estimate wage and job tenure functions that include individual and firm effects capturing time-invariant unobserved … effects in both the wage and the job tenure equation. We look into the correlation of the unobserved heterogeneity components … with each other. We find that high-wage workers tend to be low-tenure workers, i.e. higher unobserved ability seems to be …

directly via reduced form wage (Mincer) equations will be biased. In this paper we argue that even if match quality is properly …

This study revisits the increase in wage inequality in Germany. Accounting for changes in various sets of observables …, composition changes explain a large part of the increase in wage inequality among full-time workers. The composition effects are …

We analyze the joint determination of wage levels, wage growth and firm tenure. Our analysis is built on estimating a … reduced form for tenure, a structural wage level equation and a structural wage growth equation. We disentangle returns to a … latent type variable from estimates of general returns to tenure and wage gains from job changes. This type is related to …