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The rise of unemployment in West Germany is often attributed to an inflexibility of the wage structure in the face of a skill bias in labor demand trends. In addition, there is concern in Germany that during the 70s and 80s unions were pursuing a too egalitarian wage policy. In a cohort...
Persistent link: https://www.econbiz.de/10005382412
In this paper we examine the effects of regional and industry specific labor market indicators on wages and labor supply of married females. Based on the standard life-cycle labor supply theory we derive a two equation censored panel model and estimate it using the Minimum Distance Method. For...
Persistent link: https://www.econbiz.de/10005382445
Locus of control (LOC) measures how much an individual believes in the causal relationship between her own actions and her life's outcomes. While earlier literature has shown that an increasing internal LOC is associated with increased health-conscious behavior in domains such as smoking,...
Persistent link: https://www.econbiz.de/10015193943
This study quantifies the distributional effects of the minimum wage introduced in Germany in 2015. Using detailed Socio-Economic Panel survey data, we assess changes in the hourly wages, working hours, and monthly wages of employees who were entitled to be paid the minimum wage. We employ a...
Persistent link: https://www.econbiz.de/10015173506