quits are important reasons for wage rigidities for high skilled labour. Compared to findings from the USA, in Germany …

market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US … and Germany in the ways important areas are regulated. The authors show that the impact of institutions on economic …

The study provides evidence for the rationale of wage rigidity in Germany compared to the United States. Based on a … methods, for example, and find strong support for explanations based on labor union contracts and implicit wages for Germany …

In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be … into the comparison, the unformly superior employment performance of a decentralized wage bargaining system is questioned …