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The long-term earnings' effects of a credit market disruption
Adamopoulou, Effrosyni; De Philippis, Marta; Sette, Enrico - 2023
This paper studies the long-term consequences on firms and workers of the credit crunch triggered by the 2007-2008 global financial crisis. Relying on a unique matched bank-employer-employee administrative dataset, we construct a firm-specific credit supply shock and examine firms' and workers'...
Persistent link: https://www.econbiz.de/10014446339
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Unemployment, Labor Market Transitions, and Residual Wage Dispersion
Fitzenberger, Bernd; Garloff, Alfred - 2005
with comparable attributes. In the conventional neoclassical point of view, wages are determined by the marginal product of … the workers. Accordingly, increases in union minimum wages result in a decline of residual wage dispersion and higher …
Persistent link: https://www.econbiz.de/10010297414
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Descriptive Evidence on Labor Market Transitions and the Wage Structure in Germany
Fitzenberger, Bernd; Garloff, Alfred - 2005
distribution. This paper uses the IAB employment subsample to describe the empirics of labor market transitions and the wage … close relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable …
Persistent link: https://www.econbiz.de/10010297507
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Real and monetary challenges to wage policy in Germany at the turn of the millennium: technical progress, globalization and European Monetary Union
Franz, Wolfgang - 1999
development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …
Persistent link: https://www.econbiz.de/10010297646
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Assessing Intergenerational Earnings Persistence Among German Workers
Pfeiffer, Friedhelm; Eisenhauer, Philipp - 2008
In this study we assess the relationship between father and son earnings among (West) German Workers. To reduce the lifecycle and attenuation bias a novel sampling procedure is developed and applied to the German Socio-Economic Panel (SOEP) 1984-2006. Our preferred point estimate indicates that...
Persistent link: https://www.econbiz.de/10010298023
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Assessing Intergenerational Earnings Persistence Among German Workers
Pfeiffer, Friedhelm; Eisenhauer, Philipp - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
In this study we assess the relationship between father and son earnings among (West) German Workers. To reduce the lifecycle and attenuation bias a novel sampling procedure is developed and applied to the German Socio-Economic Panel (SOEP) 1984-2006. Our preferred point estimate indicates that...
Persistent link: https://www.econbiz.de/10005097894
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Real and monetary challenges to wage policy in Germany at the turn of the millennium: technical progress, globalization and European Monetary Union
Franz, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1999
development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …
Persistent link: https://www.econbiz.de/10005097995
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Unemployment, Labor Market Transitions, and Residual Wage Dispersion
Fitzenberger, Bernd; Garloff, Alfred - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
with comparable attributes. In the conventional neoclassical point of view, wages are determined by the marginal product of … the workers. Accordingly, increases in union minimum wages result in a decline of residual wage dispersion and higher …
Persistent link: https://www.econbiz.de/10005098162
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Descriptive Evidence on Labor Market Transitions and the Wage Structure in Germany
Fitzenberger, Bernd; Garloff, Alfred - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
distribution. This paper uses the IAB employment subsample to describe the empirics of labor market transitions and the wage … close relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable …
Persistent link: https://www.econbiz.de/10005098266
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Skill wage premia, employment, and cohort effects: are workers in Germany all of the same type?
Fitzenberger, Bernd; Kohn, Karsten - 2006
groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill …
Persistent link: https://www.econbiz.de/10010297815