This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...

The study provides evidence for the rationale of wage rigidity in Germany compared to the United States. Based on a survey of 801 firms, we extend the study of Campbell and Kanlani (1997, this journal) by using more thorough econometric methods, for example, and find strong support for...

Anhaltend hohe Arbeitslosenzahlen in Deutschland werden immer wieder auch auf eine zu rigide Entgeltstruktur zurückgeführt. Diese Inflexibilität habe ihre Ursache in einem (zu) stark regulierten Arbeitsmarkt. Das deutsche Arbeitsrecht lasse Flexibilisierungen im Entgeltbereich nicht (oder...

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...

This study explores the intergenerational transmission of time preferences and focuses on the question which specific aspects of mother's time preference are related to her preschool child's ability to delay gratification. We provide a new procedure for assessing the parameters of a...

This paper investigates the role of early life adversity and home resources in terms of competence formation and school achievement based on data from an epidemiological cohort study following 364 children from birth to adolescence. Results indicate that organic and psychosocial risks present in...

Manifold childhood impressions result from the interactions with adult caregivers and the environment. These impressions, be they beneficial or detrimental, shape individual skill formation and achievement over the life cycle. The novelty of the paper is that it bonds two different, hitherto...

In diesem Beitrag werden Ausmaß und Konsequenzen von nominalen und tariflichen Lohnrigiditäten mikroökonomisch und mikroökonometrisch untersucht. Die Analyse verdeutlicht, dass in Deutschland Lohnrigiditäten keineswegs selten sind. Diese haben eine Lohnaufschwemmung mit beachtlichen...

In this paper, human capital investments are evaluated by assuming heterogeneous returns to education. We use the potential outcome approach to measure the causal effect of human capital investments on earnings as a continuous treatment effect. Empirical evidence is based on a sample of West...

In der vorliegenden Arbeit werden die Bestimmungsgründe von Einstiegslöhnen, sowie das Ausmaß von Lohnrigiditäten und der daraus abgeleiteten Höhe der Lohnaufschwemmung in der Gruppe der Einsteiger empirisch untersucht. Einsteiger sind Arbeitnehmer, die erstmals bzw. nach einer...