The cyclicality of real wages has important implications for the validity of competing business cycle theories. However … and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is … demonstrated that the inconclusive evidence is not only caused by measurement problems, estimation method and composition bias as …

shortages. Fair wages in Germany set incentives for foreigners to immigrate there. Therefore this paper aims to shed new light …

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, manifested in both hiring and retention premiums - which is consistent …

Using employer-employee data from Germany, this paper analyzes the relationship between wages and past and … business cycle. The results are mixed: On the one hand, the data suggest that wages depend on labor market conditions when a … contemporaneous wages through the evolution of match quality over a worker's job history - the main hypothesis of the on …