The author examines seniority wage profiles in German establishments to discern hiring patterns with respect to age and sex. Using the country’s linked employer-employee dataset (LIAB) over the period 1997-2004 and calculating establishment seniority wage profiles directly from individual...

We estimate the child penalty using detailed personnel records that enable decomposition into distinct pay components. Our analysis reveals that the penalty is initially driven by reductions in time-based pay following childbirth. However, job-rank-based pay becomes increasingly significant over...

Human capital and deferred compensation might explain why firms employ but do not hire older workers. Adjustments of wage-tenure profiles for older new entrants are explored in the context of deferred compensation. From an equity theory perspective, such adjustments might lead to adverse...