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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2016
Using administrative data from Germany, this paper analyzes the relation between wages and past and current labor market conditions. Specifically, it explores whether the data is more consistent with implicit contract models (Beaudry/DiNardo, 1991) or a matching model with on-the-job search and...
Persistent link: https://www.econbiz.de/10011544266
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Wage flexibility and employment fluctuations : evidence from the housing sector
Pischke, Jörn-Steffen - 2016
Many economists suspect that downward nominal wage rigidities in ongoing labor contracts are an important source of … compares three occupations in the housing sector with very different wage setting institutions, real estate agents, architects … labor demand shocks to the industry. The employment of real estate agents, whose pay is far more flexible than the other …
Persistent link: https://www.econbiz.de/10011517457
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Real wage cyclicality in the Eurozone before and during the Great Recession : evidence from micro data
Verdugo, Gregory - 2015
Persistent link: https://www.econbiz.de/10011566585
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Some notes on historical, theoretical, and empirical background of DSGE models
Slanicay, Martin - In: Národohospodářský obzor : časopis věnovaný … 14 (2014) 2, pp. 145-164
Persistent link: https://www.econbiz.de/10010415713
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Real wage cyclicality in the Eurozone before and during the Great Recession : evidence from micro data
Verdugo, Gregory - 2015
We study the response of real wages to the business cycle in eight major Eurozone countries before and during the Great … Recession. Average real wages are found to be acyclical, but this reflects, in large part, the effect of changes in the … SILC panels to control for composition effects, we estimate the elasticities of real wage growth to unemployment increases …
Persistent link: https://www.econbiz.de/10011386663
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Job search intensity and wage rigidity
Uemura, Yuki - 2022
Persistent link: https://www.econbiz.de/10013184366
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Quantitative studies on European economic integration between 1880 and 1939
Heinemeyer, Hans Christian - 2013
Persistent link: https://www.econbiz.de/10010192097
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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2019
Using administrative employer-employee data from Germany, we investigate the relationship between wages and past and present labor market conditions. Furthermore, we revisit recent findings of greater wage cyclicality of new hires. Overall, we find strong evidence for history dependent wages,...
Persistent link: https://www.econbiz.de/10012027613
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The perfect storm : graduating during a recession in a segmented labor market
Fernández-Kranz, Daniel; Rodríguez-Planas, Núria - In: ILR review : the journal of work and policy 71 (2018) 2, pp. 492-524
Persistent link: https://www.econbiz.de/10011911122
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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2017 - Draft: October 2017
Using employer-employee data from Germany, this paper analyzes the relationship between wages and past and contemporaneous labor market conditions. Specifically, we test the implications of implicit contract models (Beaudry and DiNardo, 1991) and an on-the-job search model (Hagedorn and...
Persistent link: https://www.econbiz.de/10011756338