Using administrative data from Germany, this paper analyzes the relation between wages and past and current labor … wages are related to past labor market conditions as contract theories postulate. However, past labor market conditions also … affect contemporaneous wages through the evolution of the match qualities over a worker's job history - the main hypothesis …

the downward pressure on wages and led to rising income inequality. Many German economists welcomed this effect, because … they consider lower wages and higher wage dispersion major prerequisites for stronger employment growth. The theoretical …

Using administrative employer-employee data from Germany, we investigate the relationship between wages and past and … find strong evidence for history dependent wages, manifested in both hiring and retention premiums - which is consistent … match quality, we find that wages of new hires from unemployment are no more cyclical, but those of job changers are more …

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 …

wages would have been same as in the past cycle.It turns out that the present cycle is very unbalanced. The only winners are …

, we find that household characteristics explain about 25% of the dispersion in wages within an age group in all three … countries. Second, the cross-sectional variance of wages is almost linearly increasing in household age in all three countries … ; heterogeneity ; wages …