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At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are … development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …
Persistent link: https://www.econbiz.de/10009781695
In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We …
Persistent link: https://www.econbiz.de/10011688036
Using rich linked employer-employee data for (West) Germany between 1996 and 2014, we analyze the most important … the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East … Germany. We disentangle the relative contribution of each single variable to the rise in wage dispersion using recentered …
Persistent link: https://www.econbiz.de/10011933705
-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the …
Persistent link: https://www.econbiz.de/10012270418
To examine how human capital accumulation influences both economic growth and income inequality, we carefully endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how both relate to learning-by-doing and R&D intensity. In...
Persistent link: https://www.econbiz.de/10009781636
changes in occupational match quality and the associated changes in wages. We first investigate how workers' match qualities …
Persistent link: https://www.econbiz.de/10012238463
normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …
Persistent link: https://www.econbiz.de/10012534545
This paper develops a dynamic general equilibrium model to highlight the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model captures the empirical co-movement of the skill...
Persistent link: https://www.econbiz.de/10009792199
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
We investigate the theoretical relationship between wage concentration and international market integration. Access to imported varieties lowers the cost of intermediate inputs (“machines”) used to carry out production tasks, causing workers with different comparative abilities to be sorted...
Persistent link: https://www.econbiz.de/10010412753