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Pensions for reduced earnings capacity (REC) have yearly made up about 20% of all pensions granted by the German Pension Insurance in the past 25 years. The dataset described in this article is a time series of cross-sectional observations for the retirement cohorts 2001-2020. It enables...
Persistent link: https://www.econbiz.de/10014436825
on wages, in addition to the effect of current unemployment. Cointegration results with aggregate British and German data …
Persistent link: https://www.econbiz.de/10005807934
This paper provides empirical evidence about the relationship between wages and their determinants in the Spanish … have nox effect on the evolution of wages. The variable that explains the evolution of wages in the long term is prices …, with wages showing slightly inflationary behavior. In the short term, wages are explained by their past values, reflecting …
Persistent link: https://www.econbiz.de/10010748296
China’s household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U-shaped. We find that rising income uncertainty and pension reforms help explain both of these phenomena. Using a panel of Chinese households covering the period 1989-2006, we...
Persistent link: https://www.econbiz.de/10008777024
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This paper uses a unique panel data at the level bargaining group to examine aspects of 'right-to manage' models of wage determination. Empirical measures of firms' and unions' bargaining power are identified and found to be important influences on wage setting.
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