Theoretical considerations suggest that firms establish consistent internal wage structures and pay wage premiums of similar size across occupational groups. Strong evidence for the existence of coherent employer pay policies across occupations is found using a German employer - employee data...

Can Germany in the 1990s provide a contemporary example of the "uneasy triangle" posited by The Economist in the early 1950s? As the millennium approached, Germany's inflation rate was very low; its unemployment rate unacceptably high; and its system of collective bargaining arguably the...