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positive effect on entry wages and wage-tenure profiles are adjusted according to entry age. -- Deferred compensation ; human … capital ; internal labor markets ; older workers ; wages …
Persistent link: https://www.econbiz.de/10003802942
The purpose of this paper is to investigate the mechanisms underlying the relationship between automation and labor market polarization. To do so, we build an agent-based model (ABM) in which workers, heterogeneous in nature and level of skills, interact endogenously on a decentralized labor...
Persistent link: https://www.econbiz.de/10012625746
In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We …
Persistent link: https://www.econbiz.de/10011688036
In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We …
Persistent link: https://www.econbiz.de/10011709378
insecurity and wages significantly negative level effects are found for Germany with some evidence for those in the UK. There is …This paper looks at the wage effects of perceived and objective insecurity in Germany and the UK using the GSOEP and … rates and the share of temporary contracts is established. The bargaining hypothesis that job security and wages are …
Persistent link: https://www.econbiz.de/10003355569
pooling. Estimating wage functions we find that job turnover depresses wages at the regional and the firm level, indicating … specialization and diversification mitigate wage depressing effects of different types of employment shocks. On the firm level, shock … employment shocks. Both findings provide evidence that labor pooling matters as a source of agglomeration economies by allowing …
Persistent link: https://www.econbiz.de/10009373719
This paper jointly analyses the consequences of adverse selection and signalling on entry wages of skilled employees … job applicants based on apprenticeship wages. It shows that post-apprenticeship employer changers are a negative selection … from the training firms’ point of view. Negative selection leads to lower average wages of employer changersin the first …
Persistent link: https://www.econbiz.de/10009510171
Though the shared investment hypothesis of human capital theory, i.e. that employers and employees share the costs of and the return on investment in firm-specific human capital, is widely accepted, we know little about the empirical evidence. The paper shows that in German data (1984-1991)...
Persistent link: https://www.econbiz.de/10010194052
development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are …
Persistent link: https://www.econbiz.de/10011443321
Persistent link: https://www.econbiz.de/10002132221