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The study provides evidence for the rationale of wage rigidity in Germany compared to the United States. Based on a survey of 801 firms, we extend the study of Campbell and Kanlani (1997, this journal) by using more thorough econometric methods, for example, and find strong support for...
Persistent link: https://www.econbiz.de/10010297890
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...
Persistent link: https://www.econbiz.de/10011445640
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This paper presents both theoretical analysis and econometric evidence for the United States, Great Britain and Norway on the extent to which hourly wages of different groups of workers are sensitive to local labour market conditions. We focus on differences by union status. Our theoretical...
Persistent link: https://www.econbiz.de/10010284431
) als in Deutschland. Die erwartete Abfindungszahlung kann in beiden Rechtssystemen durchaus gleich hoch ausfallen (in … Deutschland ist die Wahrscheinlichkeit einer Abfindung höher, in den USA die Höhe der Zahlung). Eine institutionenökonomische … Analyse zeigt darüber hinaus, daß die Beteiligung des Betriebsrates an Kündigungen in Deutschland opportunistisches Verhalten …
Persistent link: https://www.econbiz.de/10010296913
The paper uses a new German employer survey on wage setting practices to analyze incidence and sources of nominal wage rigidity in services vs. manufacturing. We observe that wage freezes are significantly more frequent and wage cuts less frequent in services. Reasons preventing wage cuts...
Persistent link: https://www.econbiz.de/10003793963
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Persistent link: https://www.econbiz.de/10001353008
Many workers believe that personal contacts are crucial for obtaining jobs in high-wage sectors. On the other hand, firms in high-wage sectors report using employee referrals because they help provide screening and monitoring of new employees. This paper develops a matching model that can...
Persistent link: https://www.econbiz.de/10011414855
This paper employs a novel dataset on government wages to investigate the relationship between government remuneration policy and corruption. Our dataset, as derived from national household or labor surveys, is more reliable than the data on government wages as used in previous research. When...
Persistent link: https://www.econbiz.de/10009743717