The study provides evidence for the rationale of wage rigidity in Germany compared to the United States. Based on a survey of 801 firms, we extend the study of Campbell and Kanlani (1997, this journal) by using more thorough econometric methods, for example, and find strong support for...

In der vorliegenden Arbeit werden die Bestimmungsgründe von Einstiegslöhnen, sowie das Ausmaß von Lohnrigiditäten und der daraus abgeleiteten Höhe der Lohnaufschwemmung in der Gruppe der Einsteiger empirisch untersucht. Einsteiger sind Arbeitnehmer, die erstmals bzw. nach einer...

This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...

Das Ziel der vorliegenden Untersuchung besteht darin, die wesentlichen Determinanten für das Auftreten von Fehlzeiten zu analysieren. In einem ersten Schritt werden die institutionellen Rahmenbedingungen der Entgeltfortzahlung und ihre historische Entwicklung aufgezeigt. Die Analyse...

Insider-outsider theory suggests that in dual labour markets two groups have opposing preferences regarding protection against dismissals: insiders defend employment protection, because it increases their rents. Outsiders see it as a mobility barrier and demand deregulation. Similar divides are...

Insider-outsider theory suggests that in dual labour markets two groups have opposing preferences regarding protection against dismissals: insiders defend employment protection, because it increases their rents. Outsiders see it as a mobility barrier and demand deregulation. Similar divides are...

Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to disentangle the relationship between pay and...

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...

This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....