Using linked employer–employee panel data for Germany, this paper investigates whether firms implement real wage … reductions in a selective manner. In line with insider–outsider and several strands of efficiency wage theory, we find strong … evidence for selective wage cuts with high-productivity workers being spared even when controlling for permanent differences in …

Using linked employer-employee panel data for Germany, this paper investigates whether firms implement real wage … reductions in a selective manner. In line with insider-outsider and several strands of efficiency wage theory, we find strong … evidence for selective wage cuts with high-productivity workers being spared even when controlling for permanent differences in …

Using linked employer–employee panel data for Germany, this paper investigates whether firms implement real wage … reductions in a selective manner. In line with insider–outsider and several strands of efficiency wage theory, we find strong … evidence for selective wage cuts with high-productivity workers being spared even when controlling for permanent differences in …

different types of housework activities or address the endogeneity of housework in our wage regressions by using instrumental …

This paper analyzes wage assimilation of ethnic German immigrants to Germany. We use unique administrative data that … include a standardized measure of immigrants' pre-migration wage based on occupation, industry, tenure, qualification, and the … German wage structure. We find that immigrants experience a substantial initial wage disadvantage compared to natives. During …

labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative … exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …

shape labour market imperfections and how labour market imperfections matter for employer wage premia. Based on … exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …

labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative … exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …

labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative … exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …

their preferred wage formation regime. Our theoretical framework predicts, first, that the larger the total factor … productivity of a firm, the more likely it is to opt for centralized wage formation where it can hide behind less productive firms …. Second, the larger a firm's scale elasticity, the higher its incentive to choose centralized rather than decentralized wage …