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 …

, holding constant the level of taxes, reduce wages and increase employment. Higher level of taxes on income, labour cost and …

Positive assortative matching implies that high productivity workers and firms match together. However, there is almost …. This could be the result of a bias caused by standard estimation error. Using German social security records we show that …

. This implies that firm-specific training can decrease current wages as it implies a credible commitment to lower future …

efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs … are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover …

and productivity developments in Germany, the European Union's periphery countries Greece, Ireland, Portugal, and Spain … along with the US for the period 1980-2010. Apart from the contribution of productivity to wages, we take into account the …, aiming at aligning wage growth with labour productivity growth at the national levels. In this context, we analyse the wage …

This paper studies the link between hourly wages and workers' subjective assessments of how easy it would be to find … opportunities and respondents who think they are difficult to replace receive higher wages. The results appear to be consistent with …