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How Rigid are Nominal Wages? Evidence and Implications for Germany
Knoppik, Christoph; Beissinger, Thomas - 2021
Many of the recent attempts to find evidence of downward nominal wage rigidity in micro data have suffered from a number of problems, including composition bias and the effects of measurement error. In order to avoid these problems we explicitly model the determinants of wage changes and the...
Persistent link: https://www.econbiz.de/10013320811
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Understanding low wage growth in the euro area and European countries
Nickel, Christiane (ed.); Bobeica, Elena (ed.);  … - 2019
Despite notable improvements in the labour market since 2013, wage growth in the euro area was subdued and substantially overpredicted in 2013-17. This paper summarises the findings of an ESCB expert group on the reasons for low wage growth and provides comparable analyses on wage developments...
Persistent link: https://www.econbiz.de/10012063794
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The acceptance of earnings losses after voluntary mobility
Schneck, Stefan - 2011
German household data reveals that voluntarily mobile workers are more likely to accept lower wages when strain can be …
Persistent link: https://www.econbiz.de/10008821665
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Wage determination in the shadow of the law : the case of works councilors in Germany
Goerke, Laszlo; Pannenberg, Markus - 2021
The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...
Persistent link: https://www.econbiz.de/10012492234
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Wage determination in the shadow of the law : the case of works councilors in Germany
Goerke, Laszlo; Pannenberg, Markus - 2021
The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...
Persistent link: https://www.econbiz.de/10012436880
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A Dynamic Spatial Panel Data Approach to the German Wage Curve
Baltagi, Badi H. - 2011
A wage curve is a decreasing function of wages on the regional unemployment rate. Most empirical studies on the wage … taken into account. The paper tests whether the unemployment rate in the larger surrounding region also affects wages. In … heterogeneity and in the second step one allows for spatial effects of unemployment across regions on wages. We check the …
Persistent link: https://www.econbiz.de/10013127372
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How Rigid are Nominal Wages? Evidence and Implications for Germany
Knoppik, Christoph - 2012
Many recent attempts to find evidence on downward nominal wage rigidity in micro data have suffered from problems such as composition bias and the effects of measurement error. In this paper, a model of proportional downward nominal wage rigidity is developed which avoids these problems by...
Persistent link: https://www.econbiz.de/10013110465
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The impact of wage increases on job satisfaction : empirical evidence and theoretical implications
Grund, Christian; Sliwka, Dirk - 2001
The impact of wage increases on job satisfaction are explored. First, it is empirically established that current job satisfaction rises with absolute wage level as well as with wage increases. Second, a basic job satisfaction function is constructed based on the empirical results, and...
Persistent link: https://www.econbiz.de/10001642906
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Wage determination in the shadow of the law: the case of works councilors in Germany
Goerke, Laszlo; Pannenberg, Markus - 2021
The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...
Persistent link: https://www.econbiz.de/10012483277
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The impact of wage increases on job satisfaction : empirical evidence and theoretical implications
Grund, Christian; Sliwka, Dirk - 2001
The impact of wage increases on job satisfaction are explored. First, it is empirically established that current job satisfaction rises with absolute wage level as well as with wage increases. Second, a basic job satisfaction function is constructed based on the empirical results, and...
Persistent link: https://www.econbiz.de/10011404103