Showing 1 - 10 of 31
In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be replaced by a more decentralized system. This paper provides a critical assessment of the current wage bargaining institutions and reexamines the case for a more decentralized...
Persistent link: https://www.econbiz.de/10010297632
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz (1995) to separate age, time, and cohort effects. Between 1979 and 2004, wage inequality increased strongly in both the U.S. and Germany but there were various country specific...
Persistent link: https://www.econbiz.de/10010300009
Based on social security data, this paper analyzes wage trends for full employed males by estimating (censored) quantile regressions as functions of age, cohort, education, and year. We test whether a parsimonious specification separating life cycle effects from macroeconomic effects can...
Persistent link: https://www.econbiz.de/10010332065
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz (1995) to separate age, time, and cohort effects. Between 1979 and 2004, wage inequality increased strongly in both the U.S. and Germany but there were various country specific...
Persistent link: https://www.econbiz.de/10010269884
Ungleichheit insgesamt ansteige. Dies bedeute jedoch nicht, dass es einer Person, die vorher in Deutschland lebe, schlechter gehe … Markteinkommen in Deutschland in den vergangenen Jahrzehnten drastisch gestiegen ist, da die Kapiteleinkommen stärker gewachsen sind … Immobiliengewinnern zählten Haushalte, die über Immobilienvermögen verfügen und das sei im "Mieterland Deutschland" noch nicht einmal …
Persistent link: https://www.econbiz.de/10012206831
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz (1995) to separate age, time, and cohort effects. Between 1979 and 2004, wage inequality increased strongly in both the U.S. and Germany but there were various country specific...
Persistent link: https://www.econbiz.de/10003944725
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz (1995) to separate age, time, and cohort effects. Between 1979 and 2004, wage inequality increased strongly in both the U.S. and Germany but there were various country specific...
Persistent link: https://www.econbiz.de/10003946254
We argue that in labor markets with central wage bargaining wage flexibility varies systematically across the wage distribution: local wage flexibility is more relevant for the upper part of the wage distribution, and flexibility of wages negotiated under central wage bargaining affects the...
Persistent link: https://www.econbiz.de/10011442286
Quantile regression methods are emerging as a popular technique in econometrics and biometrics for exploring the distribution of duration data. This paper discusses quantile regression for duration analysis allowing for a flexible specification of the functional relationship and of the error...
Persistent link: https://www.econbiz.de/10003119292
Persistent link: https://www.econbiz.de/10001425477