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model that is able to replicate these facts and thereby allows us to run counterfactual exercises. When we set the wage …
Persistent link: https://www.econbiz.de/10012946571
a model is developed in which the labour market is described as a duopsony and the relation between wage and non … compensating differentials. In particular, while the wage dynamic related to workers shifting from a temporary contract to another … wage and commuting time persists, irrespective of the type of contract …
Persistent link: https://www.econbiz.de/10013121764
truncates the real wage distribution from below, making firms' share of surplus weakly procyclical, and may thus amplify …
Persistent link: https://www.econbiz.de/10013157042
independence. In short, they climb the career ladder. Climbing the career ladder explains 50% of wage growth and virtually all of … rising wage dispersion. The increasing gender wage gap by age parallels a rising hierarchy gap. Our findings suggest that … wage dynamics are shaped by the organization of production, which itself likely depends on technology, the skill set of the …
Persistent link: https://www.econbiz.de/10012910732
Economic conditions at the time of labour market entry can induce wage differentials between workers entering the … labour market at different points in time. While the existence and persistence of these entry wage differentials are well … area by analyzing the interaction between job mobility and entry wage differentials using German administrative data. The …
Persistent link: https://www.econbiz.de/10013141755
the new German Administrative Wage and Labor Market Flow Panel (AWFP) dataset to the IAB Establishment Panel. We show that …
Persistent link: https://www.econbiz.de/10012926732
We investigate whether workers reallocate up firm productivity and wage job ladders, and the cyclicality of this … process. We document that productivity is a better measure of the job ladder than the average wage, since high productivity … firms relative to low poach more workers than high wage firms relative to low. Employment cyclicality over the business …
Persistent link: https://www.econbiz.de/10014258016
We present new evidence on how employment growth varies across firm types (size, productivity, and wage) and over the … due to poaching. High wage firms poach almost as many workers, but shed an almost equal amount to non-employment. Large … firms do not poach workers from smaller firms. In terms of employment cyclicality, we find that low-productive and low-wage …
Persistent link: https://www.econbiz.de/10012823304
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone offers an unprecedented experiment for this exercise: since 1999, no national monetary policies have been implemented that could account for volatility differences across...
Persistent link: https://www.econbiz.de/10013143682
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10014244266