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Tarifbindung und die ökonomische Rationalität von Lohnrigiditäten
Franz, Wolfgang; Pfeiffer, Friedhelm - 2001
This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...
Persistent link: https://www.econbiz.de/10011445640
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The rationale for wage rigidity : survey evidence from German and US firms
Franz, Wolfgang; Pfeiffer, Friedhelm - 2002
Persistent link: https://www.econbiz.de/10013428502
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An efficiency-wage model with habit concerns about wages
Goerke, Laszlo - 2020
We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees have such preferences, their existence provides firms with incentives to raise wages and reduce employment over time. Greater intensity does not necessarily have the same...
Persistent link: https://www.econbiz.de/10012245105
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An efficiency-wage model with habit concerns about wages
Goerke, Laszlo - 2020
We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees have such preferences, their existence provides firms with incentives to raise wages and reduce employment over time. Greater intensity does not necessarily have the same...
Persistent link: https://www.econbiz.de/10012248856
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An efficiency-wage model with habit concerns about wages
Goerke, Laszlo - 2020
We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees have such preferences, their existence provides firms with incentives to raise wages and reduce employment over time. Greater intensity does not necessarily have the same...
Persistent link: https://www.econbiz.de/10012241772
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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2016
, die gleichzeitig Arbeitgeber und Beruf wechseln, stärker auf den Konjunkturzyklus reagieren als Arbeitnehmer, die weder … Arbeitgeber noch Beruf wechseln. Wenn Arbeitnehmer beim gleichen Arbeitgeber in einen neuen Beruf wechseln oder aber im gleichen … Beruf bleiben und den Arbeitgeber wechseln, sind sie ähnlich reagibel wie wenn sie beim gleichen Arbeitgeber im gleichen …
Persistent link: https://www.econbiz.de/10011544266
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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2019
Using administrative employer-employee data from Germany, we investigate the relationship between wages and past and present labor market conditions. Furthermore, we revisit recent findings of greater wage cyclicality of new hires. Overall, we find strong evidence for history dependent wages,...
Persistent link: https://www.econbiz.de/10012027613
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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2017 - Draft: October 2017
Using employer-employee data from Germany, this paper analyzes the relationship between wages and past and contemporaneous labor market conditions. Specifically, we test the implications of implicit contract models (Beaudry and DiNardo, 1991) and an on-the-job search model (Hagedorn and...
Persistent link: https://www.econbiz.de/10011756338
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Wage flexibility under sectoral bargaining
Card, David E.; Cardoso, Ana Rute - 2021
Sectoral contracts in many European countries set wage floors for different occupation groups. In addition, employers often pay a wage premium (or wage cushion) to individual workers. We use administrative data from Portugal, linked to collective bargaining agreements, to study the interactions...
Persistent link: https://www.econbiz.de/10012509681
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Tarifbindung und die ökonomische Rationalität von Lohnrigiditäten
Franz, Wolfgang; Pfeiffer, Friedhelm - 2000
This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...
Persistent link: https://www.econbiz.de/10001541220