In West Germany, the average size of establishments declined during the 1990s and started to increase again in the late 2000s, while the employer size wage premium followed the opposite trajectory. In this paper, we show that these two developments are interrelated. More precisely, our results...

In Westdeutschland ging die durchschnittliche Betriebsgroße in den 1990er Jahren zurück und begann in den späten 2000er Jahren wieder zu steigen, während die Betriebsgrößenlohnprämie umgekehrt dazu verlief. In diesem Papier zeigen wir, dass diese beiden Entwicklungen miteinander...

Uncertainty shocks are found to adversely affect labor market outcomes. Most studies attribute labor adjustments costs for the propagation of macroeconomic uncertainty to the labor market. Given that large establishments in Germany face higher labor adjustments cost, they should be affected more...

Uncertainty shocks are found to adversely affect labor market outcomes. Most studies attribute labor adjustments costs for the propagation of macroeconomic uncertainty to the labor market. Given that large establishments in Germany face higher labor adjustments cost, they should be affected more...