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A firm that faces insufficient supply of labor can either increase the wage offer to attract more applicants, or reduce the hiring standard to enlarge the pool of potential employees, or do both. This simultaneous adjustment of wages and hiring standards has been emphasized in a classical...
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The recent economic policy debate in Germany emphasizes the impact of globalization of the world economy on the German … Germany for the period from 1970 until German reunification in 1990. Building on the emphasis of trade theory on relative …
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Despite the increasing occurrence of part-time employment in Germany, the effects on wage rates are rarely studied. I … unobserved individual characteristics yields a wage cut of about 10 percent in West and East Germany. Furthermore, the type of … that the part-time wage gap shrinks, the empirical evidence reveals that wage differentials in West-Germany increased over …
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Despite the increasing incidence of part-time employment in Germany, the effects on wage rates are studied rarely. I … measure the socalled part-time wage gap of both, men and women in East and West Germany. A very robust finding is that part …-constant unobserved individual characteristics yields a wage cut of about 10 percent in East and West Germany. Furthermore, the type of …
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