This paper considers training, mobility decisions and wages together to test for the specificity of human capital … contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two …, we find that wages are lower for job changers for the group of training participants, so wages decrease when trained …

comes from their own actions instead of being determined by luck or destiny, earn higher wages. However, this positive …

stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …

the macroeconomic level, we draw special attention to the important distinction between product and consumption wages …, describe the development of various wage measures, labor productivity and unit labor costs in East Germany in relation to West … Germany, and relate these developments to the system of collective wage bargaining. At the microeconomic level, we describe …

throughout the years 1992{2001. Wage dispersion has generally been rising. The increase was more pronounced in East Germany and … Germany, but changes in the characteristics captured better parts of the observed wage changes over time. …

We analyze the effectiveness of publicly financed training and retraining programs in east Germany as measured by their …

of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on … firm value proxied by ratings in Western Germany, but a negative impact in Eastern Germany. We also consider future … financial distress, and find that R&D in Eastern German firms leads to higher default risk, in contrast to Western Germany …