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This paper examines how collective bargaining through unions and workplace co-determination through works councils … representative German plant data for the years 1999-2016, we document that 70% of employers pay wages below the marginal revenue … product of labour and 30% pay wages above. We further find that the prevalence of wage mark-downs is significantly smaller …
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wage pressure. Lagged wages are important in explaining wage growth, together with unemployment. This suggests that a wage …
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heterogeneous impacts of recent labour demand shifts on occupational wages and employment, highlighting the role of cross …
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heterogeneous impact of subsequent demand shifts on wages and employment in Germany. We validate the estimated elasticities with …
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At first blush, most advances in labour demand were achieved by the late 1980s. Since then progress might appear to have stalled. We argue to the contrary that significant progress has been made in understanding labour market frictions and imperfections, and in modelling search behaviour and...
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Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find …
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