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We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment effects a priori and allows for different job offer...
Persistent link: https://www.econbiz.de/10011878536
This paper investigates the increase in wage inequality, the decline in collective bargaining, and the development of the gender wage gap in West Germany between 2001 and 2006. Based on detailed linked employer-employee data, we show that wage inequality is rising strongly – driven not only by...
Persistent link: https://www.econbiz.de/10003946241
taken into account. We extend the neoclassical labor supply model in two directions. First, we allow for endogenous wages … differentials of part-time jobs, the model with endogenous wages predicts lower part-time employment than the standard neoclassical …
Persistent link: https://www.econbiz.de/10011442317
"deterministic" collective labour supply model. The data are generated by a compound procedure of estimation and calibration based on …
Persistent link: https://www.econbiz.de/10011448558
Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this back-of-the-envelope calculation overestimates the effect of loosening hours constraints, because even in a very flexible labor market there will exist hours restrictions for...
Persistent link: https://www.econbiz.de/10011445026
The standard labor-supply literature typically assumes that the labor supply response to wage increases is the same as that for equivalent wage decreases. However, evidence from the behavioral-economics literature suggests that people are loss averse and thus perceive losses differently than...
Persistent link: https://www.econbiz.de/10011418892
Betroffenheit der Branche vom Mindestlohn mit ca. 23% der Unternehmen und 6% der Beschäftigten als gering einzustufen ist. Die … Beschäftigungsverhältnisse feststellen. -- Mindestlohn ; Abfallwirtschaft ; Beschäftigung ; Arbeitnehmerschutz …
Persistent link: https://www.econbiz.de/10009663227
the workers. Accordingly, increases in union minimum wages result in a decline of residual wage dispersion and higher … dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals … with comparable attributes. In the conventional neoclassical point of view, wages are determined by the marginal product of …
Persistent link: https://www.econbiz.de/10002590960
between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests … elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption …
Persistent link: https://www.econbiz.de/10010366933
compound procedure of estimation and calibration based on the 1998 wave of the German socioeconomic panel. We estimate a … estimation of collective models with taxation. …
Persistent link: https://www.econbiz.de/10011448527