Büttner, Thomas; Jacobebbinghaus, Peter; Ludsteck, Johannes - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2009
"The occupational skill structure depends on the business cycle if employers respond to shortages of applicants during … responses to the business cycle despite of well known institutional differences between the U.S. and German labour market. The … responsiveness of occupational composition wages to the business cycle is considerably lower in Germany." (Author's abstract, IAB …