This study investigates institutional and economic reasons for downward wage rigidity regarding three occupational skill groups. Based on a survey of 801 firms in Germany and an econometric analysis, we find strong support for explanations based on the effects of labour union contracts and...

This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...

This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...

We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees have such preferences, their existence provides firms with incentives to raise wages and reduce employment over time. Greater intensity does not necessarily have the same...

We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees have such preferences, their existence provides firms with incentives to raise wages and reduce employment over time. Greater intensity does not necessarily have the same...

Das Ziel der vorliegenden Untersuchung besteht darin, die wesentlichen Determinanten für das Auftreten von Fehlzeiten zu analysieren. In einem ersten Schritt werden die institutionellen Rahmenbedingungen der Entgeltfortzahlung und ihre historische Entwicklung aufgezeigt. Die Analyse...

Das Ziel der vorliegenden Untersuchung besteht darin, die wesentlichen Determinanten für das Auftreten von Fehlzeiten zu analysieren. In einem ersten Schritt werden die institutionellen Rahmenbedingungen der Entgeltfortzahlung und ihre historische Entwicklung aufgezeigt. Die Analyse...