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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
Persistent link: https://www.econbiz.de/10013428502
Das Ziel der vorliegenden Untersuchung besteht darin, die wesentlichen Determinanten für das Auftreten von Fehlzeiten zu analysieren. In einem ersten Schritt werden die institutionellen Rahmenbedingungen der Entgeltfortzahlung und ihre historische Entwicklung aufgezeigt. Die Analyse...
Persistent link: https://www.econbiz.de/10011313949
, 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
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
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
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
Persistent link: https://www.econbiz.de/10002821708
This paper provides an empirical investigation into the relationship between ex ante U.S. labor contract durations and uncertainty over the period 1970 to 1995. We construct measures of inflation uncertainty as well as aggregate nominal and real uncertainty. The results not only corroborate...
Persistent link: https://www.econbiz.de/10012735717
The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...
Persistent link: https://www.econbiz.de/10012435622