Showing 1 - 10 of 10,051
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany …
Persistent link: https://www.econbiz.de/10013334381
Italy and Germany have similar geographical differences in productivity - North more productive than South in Italy …; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on … nationwide contracts that allow for limited local wage adjustments, while Germany has moved toward a more flexible system that …
Persistent link: https://www.econbiz.de/10012479565
quantify the aggregate and distributional effects of spatial frictions that hinder worker mobility across regions in Germany … East and West Germany, especially due to the limited ability of workers to obtain job offers from more distant regions …. Despite the large real wage gap between East and West of Germany, removing the spatial frictions leads, in equilibrium, to …
Persistent link: https://www.econbiz.de/10012533341
This paper studies the optimal wage structure of a firm with imperfect monitoring of worker effort. We find that when firms can commit to (implicit) long-term contracts, imperfect monitoring leads to optimal wage profiles that reflect worker seniority. We provide a precise measure of seniority...
Persistent link: https://www.econbiz.de/10014337796
This paper presents a semiparametric procedure to analyze the effects of institutional and labor market factors on recent changes in the U.S. distribution of wages. The effects of these factors are estimated by applying kernel density methods to appropriately 'reweighted' samples. The procedure...
Persistent link: https://www.econbiz.de/10012473794
Affordable higher education is, and has been, a key element of social policy in the United States with broad bipartisan support. Financial aid has substantially increased the number of people who complete university - generally thought to be a good thing. We show, however, that making education...
Persistent link: https://www.econbiz.de/10012467810
In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany … from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German …
Persistent link: https://www.econbiz.de/10012463591
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns to schooling indicates that technical change has been skill-biased during the past sixty years. Furthermore, the recent increase in inequality is most likely due to an...
Persistent link: https://www.econbiz.de/10012470950
. Using data from West Germany, we find that women have witnessed relative increases in non-routine analytic tasks and non …
Persistent link: https://www.econbiz.de/10012465538
using administrative data from Germany and find that highly productive firms indeed sort into the most productive locations …. In our main application, we quantify the role of firm sorting for wage differences between East and West Germany, which …
Persistent link: https://www.econbiz.de/10013462686