Showing 1 - 10 of 170
This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the … simulate the magnitude of wage changes within the respective skill groups that would have been necessary to halve skill …
Persistent link: https://www.econbiz.de/10012773848
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10012909849
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...
Persistent link: https://www.econbiz.de/10013079433
Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect … of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western … Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …
Persistent link: https://www.econbiz.de/10013137244
temp wage gap and post-temp earnings in Germany. Using a two-stage selection-corrected method in a panel data framework, we … show that the wage gap for temps with low treatment intensity is high but decreases with exposure to the sector. It seems … to accept a sizeable wage disadvantage at first, indicating that temporary agency employment might stigmatise workers …
Persistent link: https://www.econbiz.de/10013122671
The paper examines real and nominal wage rigidities. We estimate a switching regime model, in which the observed … distribution of individual wage changes, computed from West German register data for 1976-1997, is generated by simultaneous … processes of real, nominal or no wage rigidity, and measurement error. The fraction of workers facing wage increases that are …
Persistent link: https://www.econbiz.de/10013319593
Why has the college wage premium risen rapidly in the United States since the 1980s, but not in European economies such …
Persistent link: https://www.econbiz.de/10012831975
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades. Combining personal income tax and social security data allows us for the first time to offer a complete picture of the distribution of annual earnings in Germany. We find that...
Persistent link: https://www.econbiz.de/10014083825
Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers … particularly pronounced among workers in low-wage firms. If workers had correct beliefs, at least 10% of jobs, concentrated in low-wage …
Persistent link: https://www.econbiz.de/10014083951
We study the role of occupational tasks as drivers of West German wage inequality. We match administrative wage data … regression-based decompositions to quantify the contribution of changes in the returns to tasks to overall changes in the wage … distribution from 1978 to 2006. We find that changes in the returns to tasks explain up to half of the increase in wage inequality …
Persistent link: https://www.econbiz.de/10014242324