Do public sector wages exert pressures on private sector wages, or has the private sector a leadership role in wage … other determinants of wages (prices, productivity, institutions) for the main euro area economies (Germany, France, Italy … of our data allows us to check the existence of purely intra-annual links between public and private sector wages …

labor market. Previous studies that analyze the labor market effects of public sector employment and wages have mostly … assumed exogenous rules for public wage and public employment. We show that theories that equalize wages with marginal … products in the private sector can rationalize the interaction of public and private sector wages when extended to accommodate …

dispersion of wages. …Analyzing data from the Structure of Earnings Surveys we find that wage dispersion in Austria increased marginally … effects of tenure and especially of experience on wages decreased over time. We adopt the Machado-Mata (2005) counterfactual …

, workers earn significantly higher wages when employed in more profitable firms. The time dimension of our matched employer …-employee data allows us to instrument firms' profitability by its lagged value. The instrumented elasticity between wages and … fraction of the industry wage differentials. We find indeed that the magnitude, dispersion and significance of industry wage …

trade unions have a relatively high level of membership compared with the European average, with over 50% of employees …

agreements may deviate from the wages set by a statutory collective agreement negotiated at a higher level, provided certain …