Similar Search Results

The Rationale for Wage Rigidity: Survey Evidence from German and US Firms

Pfeiffer, Friedhelm; Franz, Wolfgang - 2002

The study provides evidence for the rationale of wage rigidity in Germany compared to the United States. Based on a survey of 801 firms, we extend the study of Campbell and Kanlani (1997, this journal) by using more thorough econometric methods, for example, and find strong support for...

Persistent link: https://www.econbiz.de/10010297890

The rationale for wage rigidity : survey evidence from German and US firms

Franz, Wolfgang; Pfeiffer, Friedhelm - 2002

Persistent link: https://www.econbiz.de/10013428502

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2016

, die gleichzeitig Arbeitgeber und Beruf wechseln, stärker auf den Konjunkturzyklus reagieren als Arbeitnehmer, die weder … Arbeitgeber noch Beruf wechseln. Wenn Arbeitnehmer beim gleichen Arbeitgeber in einen neuen Beruf wechseln oder aber im gleichen … Beruf bleiben und den Arbeitgeber wechseln, sind sie ähnlich reagibel wie wenn sie beim gleichen Arbeitgeber im gleichen …

Persistent link: https://www.econbiz.de/10011544266

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2019

Using administrative employer-employee data from Germany, we investigate the relationship between wages and past and present labor market conditions. Furthermore, we revisit recent findings of greater wage cyclicality of new hires. Overall, we find strong evidence for history dependent wages,...

Persistent link: https://www.econbiz.de/10012027613

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2017 - Draft: October 2017

Using employer-employee data from Germany, this paper analyzes the relationship between wages and past and contemporaneous labor market conditions. Specifically, we test the implications of implicit contract models (Beaudry and DiNardo, 1991) and an on-the-job search model (Hagedorn and...

Persistent link: https://www.econbiz.de/10011756338

Tarifbindung und die ökonomische Rationalität von Lohnrigiditäten

Franz, Wolfgang; Pfeiffer, Friedhelm - 2000

This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...

Persistent link: https://www.econbiz.de/10001541220

Uncertainty and Labor Contract Durations

Tracy, Joseph S. - 2006

This paper provides an empirical investigation into the relationship between ex ante U.S. labor contract durations and uncertainty over the period 1970 to 1995. We construct measures of inflation uncertainty as well as aggregate nominal and real uncertainty. The results not only corroborate...

Persistent link: https://www.econbiz.de/10012735717

Wage determination in the shadow of the law: the case of works councilors in Germany

Goerke, Laszlo; Pannenberg, Markus - 2021

The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...

Persistent link: https://www.econbiz.de/10012483277

Wage determination in the shadow of the law : the case of works councilors in Germany

Goerke, Laszlo; Pannenberg, Markus - 2021

Persistent link: https://www.econbiz.de/10012438474

Wage determination in the shadow of the law: the case of works councilors in Germany

Goerke, Laszlo; Pannenberg, Markus - 2021

Persistent link: https://www.econbiz.de/10012435622

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