Schnabel, Claus; Kohaut, Susanne; Brixy, Udo - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2004
Using a linked employer-employee data set for Germany, this paper analyses wage setting in a cohort of newly founded and other establishments from 1997 to 2001. While theory provides alternative explanations for higher or lower wages in newly founded firms, we show empirically that start-ups...