Empirical studies find that the age-variance profile of wages is U-shaped. The objective of this paper is to explore the driving forces of the U-shape in a model with search frictions. I introduce endogenous search effort and a fixed retirement age into Cahuc, Postel-Vinay, and Robin s (2006)...

We implement a laboratory experiment in which a principal has to decide on monitoring intensity and pay to investigate whether they are complements or substitutes. Wage level, monitoring intensity, and consequently the desired enforceable effort level are jointly determined by the maximization...

This paper analyzes wage assimilation of ethnic German immigrants to Germany. We use unique administrative data that include a standardized measure of immigrants' pre-migration wage based on occupation, industry, tenure, qualification, and the German wage structure. We find that immigrants...

Using data from social security records on Spanish males, we investigate the wage effects of working under a fixed-term contract. In a first step, we provide fixed-effects estimates of the wage effect of working under a fixed-term contract for low-skilled, medium-skilled, and high-skilled men...

In the present paper I provide novel evidence on the formation of the gender pay gap with respect to directly measured job task contents. Using high-quality administrative employment data for Germany, and augmenting these by individual-level task information, I provide detailed evidence on the...

This paper uses German linked employer-employee data in order to estimate the impact of intra-firm wage dispersion on the probability that firms pay for continuous training. About half of all firms in the estimation sample cover all direct and indirect training costs, which contradicts the...

This paper investigates the transferability of human capital across countries and the contribution of imperfect human capital portability to the explanation of the immigrant-native wage gap. Using data for West Germany, our results reveal that, overall, education and labor market experience...

Using individual income data from university archives, we look at the development of professorial salaries over a time-span covering the Kaiserreich, the Weimar Republic, the Third Reich as well as the Federal Republic of Germany. We find that relative salaries have fallen dramatically, both...

Despite the increasing occurrence of part-time employment in Germany, the effects on wage rates are rarely studied. I therefore use GSOEP panel data from 1984 to 2010 and apply different econometric approaches and definitions of part-time work to measure the so-called part-time wage gap of both,...

We estimate the effect of changes in the body mass index on wages and satisfaction in a panel of German employees. Dynamic models indicate that satisfaction with life in general and with health are responsive to weight changes, but wages and satisfaction with work are not. These results mainly...