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The big sell: Privatizing East Germany's economy

Hennicke, Moritz; Lubczyk, Moritz; Mergele, Lukas - 2020

within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … firms using initial labor productivity to indicate firms' competitiveness. Our results highlight that firms with higher … baseline productivity are more likely to be privatized, yield higher sales prices, are more often acquired by West German …

Persistent link: https://www.econbiz.de/10012288088

Relative Earnings and the Demand for Unskilled Labor in West German Manufacturing

Steiner, Viktor; Wagner, Kersten - 1997

We analyze the economic factors which have contributed to the dramatic decline of the employment share of unskilled labor in German manufacturing, in particular the role played by the relatively rigid earnings structure. Potential effects of intensified international competition and skill?biased...

Persistent link: https://www.econbiz.de/10010297558

Industrial change, stability of relative earnings, and substitution of unskilled labor in West-Germany

Steiner, Viktor; Mohr, Robert - 1998

We analyze the dramatic decline of the employment share of unskilled labor in the West German economy, in particular its relation to the relatively rigid earnings structure. We find that the substitution elasticity between unskilled and skilled labor is rather low in most sectors of the economy....

Persistent link: https://www.econbiz.de/10010297589

Digitalization and the future of work: Macroeconomic consequences

Arntz, Melanie; Gregory, Terry; Zierahn, Ulrich - 2019

Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this pushes further the boundary of what machines can do. Nowadays increasingly complex...

Persistent link: https://www.econbiz.de/10012021535

Staggered contracts and unemployment during recessions

Adamopoulou, Effrosyni; Díez-Catalán, Luis; … - 2024

This paper studies the impact of downward wage rigidity on wage and employment dynamics after the outbreak of major recessions in Spain. Downward wage rigidity stems from collective agreements, which set province-sector-skill specific minimum wage floors for all workers. By exploiting variation...

Persistent link: https://www.econbiz.de/10014567508

Expertise at work: New technologies, new skills, and worker impacts

Lipowski, Cäcilia; Salomons, Anna; Zierahn-Weilage, Ulrich - 2024

We study how new digital technology reshapes vocational training and skill acquisition and its impact on workers' careers. We construct a novel database of legally binding training curricula and changes therein, spanning the near universe of vocational training in Germany over five decades, and...

Persistent link: https://www.econbiz.de/10014580657

When the minimum wage really bites hard: Impact on top earners and skill supply

Gregory, Terry; Zierahn, Ulrich - 2020

We investigate minimum wage spillovers by exploiting the first-time introduction of a minimum wage within a quasi-experiment in a context with an extraordinary large bite: the German roofing industry. We find positive wage spillovers for medium-skilled workers with wages just above the minimum...

Persistent link: https://www.econbiz.de/10012288087

Evolution of the East German wage structure

Brüll, Eduard; Gathmann, Christina - 2020

We analyze the evolution of the wage structure in East Germany over the past two decades and compare it to West Germany. Both regions experienced a rise in wage inequality between 1995 and 2009 with wage dispersion in East Germany exceeding West Germany, esp. at the top. We also show that wage...

Persistent link: https://www.econbiz.de/10012388450

Computers as stepping stones? Technological change and equality of labor market opportunities

Arntz, Melanie; Lipowski, Cäcilia; Neidhöfer, Guido; … - 2022

This paper analyzes whether technological change improves equality of labor market opportunities by decreasing returns to parental background. We find that in Germany during the 1990s, computerization improved the access to technologyadopting occupations for workers with low-educated parents,...

Persistent link: https://www.econbiz.de/10013207026

How do workers adjust when firms adopt new technologies?

Genz, Sabrina; Gregory, Terry; Janser, Markus; Lehmer, … - 2021

We investigate how workers adjust to firms' investments into new digital technologies, including artificial intelligence, augmented reality, or 3D printing. For this, we collected novel data that links survey information on firms' technology adoption to administrative social security data. We...

Persistent link: https://www.econbiz.de/10012625070

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