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One of the most stylized facts in labor economics is the finding that wages tend to rise with job duration but what is the role of productivity between this relation? Intuitively, it seems rather unspectacular that experienced workers' earnings are higher than otherwise comparable junior...
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services. -- nominal wage rigidity ; efficiency wages ; manufactoring and services ; Germany …
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, using a new and large employer survey on wage and price setting behaviour for Germany. We observe that wage freezes are more …
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