-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different … wages with respect to unemployment postulated by Blanchflower and Oswald. In this regime, we also find that works councils … dampen the adjustment of wages to the regional unemployment situation. In the other regimes of plants that either do not make …

-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different … wages with respect to unemployment postulated by Blanchflower and Oswald. In this regime, we also find that works councils … dampen the adjustment of wages to the regional unemployment situation. In the other regimes of plants that either do not make …

-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different … wages with respect to unemployment postulated by Blanchflower and Oswald. In this regime, we also find that works councils … dampen the adjustment of wages to the regional unemployment situation. In the other regimes of plants that either do not make …

-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different … wages with respect to unemployment postulated by Blanchflower and Oswald. In this regime, we also find that works councils … dampen the adjustment of wages to the regional unemployment situation. In the other regimes of plants that either do not make …

-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different … wages with respect to unemployment postulated by Blanchflower and Oswald. In this regime, we also find that works councils … dampen the adjustment of wages to the regional unemployment situation. In the other regimes of plants that either do not make …

productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to …

productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to …

exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …

exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …