This study revisits the increase in wage inequality in Germany. Accounting for changes in various sets of observables …, composition changes explain a large part of the increase in wage inequality among full-time workers. The composition effects are …

This study revisits the increase in wage inequality in Germany. Accounting for changes in various sets of observables …, composition changes explain a large part of the increase in wage inequality among full-time workers. The composition effects are …

passive labor market policies, labor and goods market regulation and unions' participation) on the component of the wage …

low-wage and high-wage industries. Dismissal regulations are found to mitigate the impact of shocks on both earnings and …

aimed at long-term and structural issues and not on short-run business cycles on which this study focuses. The wage … concessions resulting in wage decreases that reduced firms’ costs during the downturn.Third, bargaining concessions were achieved … through wage adjustment mainly at public firms and large corporations. But given the structure of the dual labor market …

derived and simulated. First of all, the monetary persistence of a pure price staggering economy is compared to a pure wage … are explored. Secondly, the thesis simulates the effects of real wage rigidities in a disinflation experiment non … microfounded labor market framework with insider wage bargaining, labor turnovers costs and tax distortions. The calibrated model …