endogeneity concerns arising in this context, we estimate time-invariant firm-specific wage components and use them as instruments …

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 show that providing publicly available wage information in vacancies, so-called external pay transparency, can … reduce the gender wage gap. There is an increasing interest in pay transparency policies as a tool to combat unequal pay. We … exploit a reform of Austria's Equal Treatment Law to evaluate how providing wage information in vacancies affects the gender …