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Downward real wage rigidity and equal treatment wage contracts : evidence from Germany ; conference paper
Snell, Andy; Stüber, Heiko - 2014
Theoretical models of downward real wage rigidity generate asymmetric wage cyclicality with real wages being rigid in "bad" times but upwardly flexible during "good". In this paper we use an administrative panel dataset from Germany to establish that such asymmetries are very salient in Germany....
Persistent link: https://www.econbiz.de/10010490623
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Wage Cyclicality Under Different Regimes of Industrial Relations
Gartner, Hermann - 2010
Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western Germany, we find that works councils affect wage growth...
Persistent link: https://www.econbiz.de/10013137244
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Wage cyclicality under different regimes of industrial relations
Gartner, Hermann; Schank, Thorsten; Schnabel, Claus - 2010
Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western Germany, we find that works councils affect wage growth...
Persistent link: https://www.econbiz.de/10008664995
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Wage cyclicality under different regimes of industrial relations
Gartner, Hermann; Schank, Thorsten; Schnabel, Claus - 2010
Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western Germany, we find that works councils affect wage growth...
Persistent link: https://www.econbiz.de/10008696819
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Wage cyclicality under different regimes of industrial relations
Gartner, Hermann; Schank, Thorsten; Schnabel, Claus - 2010
Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western Germany, we find that works councils affect wage growth...
Persistent link: https://www.econbiz.de/10008701993
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Wage cyclicality under different regimes of industrial relations
Gartner, Hermann; Schank, Thorsten; Schnabel, Claus - 2010
Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western Germany, we find that works councils affect wage growth...
Persistent link: https://www.econbiz.de/10009013029
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The cross-section of output and inflation in a dynamic stochastic general equilibrium model with sticky prices
Döpke, Jörg; Funke, Michael; Holly, Sean; Weber, Sebastian - 2009
output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability … of output and inflation depend crucially on the proportion of firms that are allowed to change their prices. We test this …-cyclical correlation between the skewness of inflation and aggregates, but the relation with output is less sure. Our results can be …
Persistent link: https://www.econbiz.de/10003844356
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Explaining the German employment miracle in the great recession : the crucial role of temporary working time reductions
Sturn, Simon; Herzog-Stein, Alexander; Lindner, Fabian - 2013
This paper investigates the reasons for the exceptionally robust performance of the German labour market during the Great Recession. While GDP dropped by more than five per cent in 2009, employment remained constant and started to increase soon after. We compare this recession to other major...
Persistent link: https://www.econbiz.de/10009756548
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Explaining the German Employment Miracle in the Great Recession The Crucial Role of Temporary Working Time Reductions
Herzog-Stein, Alexander; Lindner, Fabian; Sturn, Simon - 2013
This paper investigates the reasons for the exceptionally robust performance of the German labour market during the Great Recession. While GDP dropped by more than five per cent in 2009, employment remained constant and started to increase soon after. We compare this recession to other major...
Persistent link: https://www.econbiz.de/10010460536
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On Sand and the Role of Grease in Labor Markets How Does Germany Compare?
Decressin, Anja - 2006
by raising inflation …
Persistent link: https://www.econbiz.de/10012782691