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Locational Competition versus Cooperation in Labour Markets: An Implicit Contract Reinterpretation

Burda, Michael C; Mertens, Antje - C.E.P.R. Discussion Papers - 1994

clearing under such conditions can lead to wage and income variability. In such cases demand for insurance against regional … systematic shocks. We present evidence that West German and other European experiences are more consistent with an insurance … contract interpretation, while US regional labour markets are characterized by high regional mobility, rendering insurance less …

Persistent link: https://www.econbiz.de/10005124289

Unions and Wage Insurance.

Burda, M.C. - Institute for International Economic Studies (IIES), … - 1995

Persistent link: https://www.econbiz.de/10005779995

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2016

Using administrative data from Germany, this paper analyzes the relation between wages and past and current labor market conditions. Specifically, it explores whether the data is more consistent with implicit contract models (Beaudry/DiNardo, 1991) or a matching model with on-the-job search and...

Persistent link: https://www.econbiz.de/10011544266

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2019

Using administrative employer-employee data from Germany, we investigate the relationship between wages and past and present labor market conditions. Furthermore, we revisit recent findings of greater wage cyclicality of new hires. Overall, we find strong evidence for history dependent wages,...

Persistent link: https://www.econbiz.de/10012027613

History dependence in wages and cyclical selection : evidence from Germany

Bauer, Anja; Lochner, Benjamin - 2017 - Draft: October 2017

Using employer-employee data from Germany, this paper analyzes the relationship between wages and past and contemporaneous labor market conditions. Specifically, we test the implications of implicit contract models (Beaudry and DiNardo, 1991) and an on-the-job search model (Hagedorn and...

Persistent link: https://www.econbiz.de/10011756338

Risk sharing within the firm : a primer

Pagano, Marco - 2020

Persistent link: https://www.econbiz.de/10012373176

Risk sharing within the firm : a primer

Pagano, Marco - 2020

Persistent link: https://www.econbiz.de/10012249952

Unions as insurance : employer-worker risk sharing and workers' outcomes during COVID-19

Braakmann, Nils; Hirsch, Boris - 2023

We investigate to what extent workplace unionisation protects workers from external shocks as predicted by models of implicit contracts. Using the COVID-19 pandemic as a plausibly exogenous shock hitting the whole economy, we compare workers who worked in unionised and non-unionised workplaces...

Persistent link: https://www.econbiz.de/10013500674

Unions as insurence : employer-worker risk sharing and workers' outcomes during COVID-19

Braakmann, Nils; Hirsch, Boris - 2023

Persistent link: https://www.econbiz.de/10013547785

The public-private pay gap: a robust quantile approach

Depalo, Domenico; Giordano, Raffaela - Banca d'Italia - 2011

This paper investigates whether a public sector premium exists after controlling for observable characteristics and for additional motivations, other than monetary, that may induce workers to prefer employment in the public sector. We study the entire conditional wage distribution on Italian...

Persistent link: https://www.econbiz.de/10009320175

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