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Hierarchical firms are enterprises with rigid internal job ladders. We examine the state enterprise as the prototypical hierarchical firm. In the state enterprise, promotion of employees through the internal hierarchy is determined by the workers’ allocation of time between rent seeking and...
Persistent link: https://www.econbiz.de/10010318354
Governments do not have perfect information regarding the priorities and the needs of different groups in the economy. This lack of knowledge opens the door for different groups to lobby the government in order to receive the government’s support. We set up a model of hierarchical contests and...
Persistent link: https://www.econbiz.de/10010318360
In this paper we develop a theory of “Kosher Wars” under which Rabbis (certifying authorities) compete to enhance the level of Jewish observation of their congregations. The level of observance can be seen as the Rabbi’s rents. Our rent-seeking model explains the establishment...
Persistent link: https://www.econbiz.de/10010318373
rose relative to that of workers in lower quantiles. An identical phenomenon is observed among men in West Germany in …
Persistent link: https://www.econbiz.de/10010262273
In this paper, the inter-industry wage structure in West Germany and USA is compared using the German Socio …
Persistent link: https://www.econbiz.de/10010262319
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an asymmetric pattern in the evolution of unemployment,...
Persistent link: https://www.econbiz.de/10010262548
individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the …
Persistent link: https://www.econbiz.de/10010268746
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10010269817
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10010269884
lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …
Persistent link: https://www.econbiz.de/10010273099