Fitzenberger, Bernd; Garloff, Alfred - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
structure in Germany. Motivated by search theory, we use the data to explore descriptively labor market transitions and features … close relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable … market transitions and associated wage changes. Accordingly, job?to?job transitions are central in explaining the wage …