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market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US …
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quits are important reasons for wage rigidities for high skilled labour. Compared to findings from the USA, in Germany …
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market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US …
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This study investigates institutional and economic reasons for downward wage rigidity regarding three occupational skill groups. Based on a survey of 801 firms in Germany and an econometric analysis, we find strong support for explanations based on the effects of labour union contracts and...
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