It is commonplace in the debate on Germany’s labor market problems to argue that high unemployment and low wage … 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 …

The recent economic policy debate in Germany emphasizes the impact of globalization of the world economy on the German … Germany for the period from 1970 until German reunification in 1990. Building on the emphasis of trade theory on relative … labor, wages were increasing disproportionately both for low- and highskilled labor whereas employment trends were favoring …

life cycle effects from macroeconomic effects can describe the dynamics of wages. Our results indicate that insider wages … are uniformly affected by a acroeconomic trend. For some education groups, this also holds for entry wages. Since within …

This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …

structure in Germany. Motivated by search theory, we use the data to explore descriptively labor market transitions and features … relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable share of wage …

This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …