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Dramatically declining employment and rising unemployment rates have characterized the labour market in Eastern Germany since economic, monetary and social union. This is the first empirical study which analyses the development of the wage structure after the union. With a large and growing...
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Following the unification of the two Germanies in October 1990, the former German Democratic Republic was subject to a series of economic shocks, resulting in large declines in output and employment. This paper investigates the behaviour of the East German labour market during the initial stages...
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"We investigate the impact of financial participation (profit-sharing and share ownership) on workers' total compensation. Some workers' representatives have argued against the introduction of profit-sharing because they fear that profit-sharing would be a way for firms to reduce the marginal...
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"The article deals with the impact of uncertainty as regards the retention of trainees completing vocational training programmes on firms' training behaviour. As an alternative to vocational training, the external recruitment of skilled workers is considered via an opportunity costs approach....
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