productivity of a firm, the more likely it is to opt for centralized wage formation where it can hide behind less productive firms … setting due to labor cost and straitjacket effects. As firms in Germany are allowed to choose their wage formation regime, we … test these two hypotheses with representative establishment data for West Germany. We find that establishments with …

and prices, unemployment and labour productivity. Impulse indicator saturation is used to achieve robust estimation of … related to the macroeconomic development, and presents dynamic econometric models of nominal and real wages. Single equation … and multi-equation models are reported. The econometric modelling uses a new data set with historical time series of wages …

The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypothesis in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …

The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypothesis in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …

There is a growing concern about collective wage agreement and employment dynamics in Germany. In this paper, evidence … factors when firms from the service sector are faced with demand shocks. The estimation results indicate that collective wage …