Using a large linked employer-employee data set for Germany, we find that the existence of a works council is associated with a lower separation rate to employment, in particular for men and workers with low tenure. While works council monopoly effects show up in all specifications, clear voice...

We analyze the evolution of the exporter wage premium (EWP) during the Great Recession and the resulting impact on wage inequality in Germany. Our results show that the EWP declined sharply between 2007 and 2008 and stagnated afterwards. This pattern is due to exporters starting to adjust their...

This study focuses on the determinants of regional heterogeneity in returns to schooling. School quality, labor market characteristics, and amenities are potential determinants of regional differences. In contrast to previous research, this study jointly evaluates the contribution of the...

This paper studies the effect of an expansion of imported intermediate inputs on establishments’ average task intensities and employment size in a middle-income country. I use confidential matched employer-employee data and information on trade transactions for the universe of Brazilian firms....

The present paper applies several regression-based decomposition methods to analyze the impact of region-, worker-, firm- and sector-specific determinants on the wage level and the continuous increase in wage inequality between 1995 and 2007 in Germany. In contrast to prior studies, more than...

This paper estimates ability peer effects on achievement growth in reading and math. It exploits variation in peer characteristics generated at the transition from primary to secondary school in a sample of Berlin fifth-graders. As will be discussed in detail, this variation is exogenous in...

Using a large linked employer–employee dataset from Germany, I investigate workers' decision to introduce a works council as an exit-voice consideration. Thereby, I explore the collective voice face of introductions, while previous studies focus on the monopoly aspect. Controlling for...

This paper analyzes assortative matching between employers and employees and its interrelations with the employment density of local labor markets in Germany. I devote attention to the identiication of accurate quality measures: plants’ total factor productivity and workers’ fixed effect....

This paper looks inside the firm and investigates how trade alters the matching of worker-specific abilities and task-specific skill requirements. The outcome of this matching depends on how firms organize their recruitment process and how much they invest into the screening of applicants. In...

We propose exible models for multivariate realized volatility dynamics which involve generalizations of the Box-Cox transform to the matrix case. The matrix Box-Cox model of realized covariances (MBC-RCov) is based on transformations of the covariance matrix eigenvalues, while for the Box-Cox...