Bis in die 90er Jahre war der deutsche Arbeitsmarkt dadurch charakterisiert, dass ein Aufschwung den Bestand der Arbeitslosigkeit kaum beeinfl usste, eine Rezession hingegen schon. Seit fünf Jahren gilt das Umgekehrte: der Aufschwung schlägt auf die Entwicklung der Arbeitslosigkeit durch, die...

Using a representative establishment dataset, this paper is the first to analyze the incidence of wage posting and wage bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German labor market, with about two-thirds of hirings...

Using a representative establishment dataset, this paper is the first to analyze the incidence of wage posting and wage bargaining in the matching process from the employer’s side. We show that both modes of wage determination coexist in the German labor market, with about two-thirds of...

This paper is the first to analyze how much the probability of selecting a worker from a pool of applicants fluctuates over the business cycle. We use the German Job Vacancy Survey to construct the selection rate on the regional, industry, and national level and show that it is negatively...