Aspects Of Wage Dynamics In Germany
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Aspects Of Wage Dynamics In Germany
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Author : Jens Stephani
language : en
Publisher: wbv Media GmbH & Company KG
Release Date : 2014-11-04
Aspects Of Wage Dynamics In Germany written by Jens Stephani and has been published by wbv Media GmbH & Company KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-04 with Education categories.
Dieses Buch thematisiert verschiedene Aspekte der Lohndynamik in Deutschland. Während der Hauptteil des Buches sich mit dem Lohnwachstum und der Aufstiegsmobilität von Geringverdienern beschäftigt, analysiert ein kleinerer Teil die Entwicklung der Lohneffekte der Tarifbindung für alle Beschäftigten. Unter anderem wird gezeigt, dass die Aufstiegsmobilität von Geringverdienern in besser bezahlte Jobs kein lediglich temporäres Phänomen ist, sondern für diese Beschäftigten zu längerfristig höheren Lohnniveaus führen kann. Das Lohnwachstum von Geringverdienern hängt allerdings von anderen betrieblichen Einflussfaktoren ab als das Lohnwachstum von Besserverdienern. Auch Persönlichkeitsmerkmale wie zum Beispiel die individuelle Kontrollüberzeugung beeinflussen die Aufstiegsmobilität von Geringverdienern. Weiterhin zeigen die Analysen, dass trotz des kontinuierlichen Rückgangs des gewerkschaftlichen Organisationsgrads und der Tarifbindung im letzten Jahrzehnt weiterhin eine - wenn auch geringe - positive Lohnprämie der Tarifbindung existiert.
Immigration And Wage Dynamics In Germany
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Author : Sabine Klinger
language : en
Publisher: International Monetary Fund
Release Date : 2019-12-27
Immigration And Wage Dynamics In Germany written by Sabine Klinger and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-27 with Business & Economics categories.
German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather well and suggest that relatively low wage growth can be largely attributed to low inflation expectations and low productivity growth. There is no evidence – from either aggregate or micro-level administrative data – that large immigration flows since 2012 have had dampening effects on aggregate wage growth, as complementarity effects offset composition and competition effects.
European Wage Dynamics And Spillovers
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Author : Yuanyan Sophia Zhang
language : en
Publisher: International Monetary Fund
Release Date : 2019-07-19
European Wage Dynamics And Spillovers written by Yuanyan Sophia Zhang and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-19 with Business & Economics categories.
Wage rises have remained stubbornly low in advanced Europe in recent years, but, at the same time, newer EU members are experiencing rapid wage acceleration. This paper investigates the drivers of this wage divergence. Econometric analysis using error correction models suggests that wage growth responds more quickly to changes in unemployment in the newer EU members than in advanced Europe, where wages are more closely related to inflation and inflation expectations in the short run, implying greater inertia in nominal wage rises in advanced Europe. In the years after the global crisis, this inertia contributed to the build up of a real wage overhang relative to sharply slowing labor productivity, which subsequently dragged on nominal wage rises even as unemployment began to decline. Spillovers of subdued wage growth between euro area countries also weighed on wage rises in advanced Europe.
Four Essays On Wage Dynamics In Germany
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Author : Jens Stephani
language : en
Publisher:
Release Date : 2013
Four Essays On Wage Dynamics In Germany written by Jens Stephani and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
German And American Wage And Price Dynamics
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Author : Wolfgang Franz
language : en
Publisher:
Release Date : 1993
German And American Wage And Price Dynamics written by Wolfgang Franz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Inflation (Finance) categories.
The evolution of unemployment in West Germany and the U. S. stands in sharp contrast, with German unemployment much lower from 1960 to the early 19705 but substantially higher from 1984 to 1988. This paper provides a framework for examining the relationship between inflation and unemployment that sheds light on these developments. The theoretical section develops a new nonstructural model of wage and Price adjustment that integrates severa! concepts that have often been treated separately, including Phillips curve "level effects," hysteresis "change effects," the error-correction mechanism, and the role of changes in labor's share that act as a supply shock. The empirical analysis reaches rwo striking conclusions. First, during 1973-90coefficients in our German wage equations arc remarkably similar to those in the U.S., with almost identical estimates of the Phillips curve slope, of the hysteresis effect, and of the NAIRU. The two countries also share similar inflation behavior, in that inflation depends more closely on the capacity utilization rate than on the unemployment rate, The big difference berween the two countries is that there is no feedback from wages to prices in Germany, and so high unemployment does not put downward pressure on the inflation rate. During the 19705 and 19805 in Germany there emerged a growing mismatch between the labor market and industrial capacity, so that the unemployment rate consistent with the mean (constant-inflation) utilization rate ("MURU") increased sharply, while in the U. S. the MURU was relatively stable. The German utilization rate in late 1990was about 90 percent, considerably higher than the estimated MURU of 85 percent. Accordingly, we conclude that the Bundesbank was appropriately concerned about the acceleration of inflation implied by the tight product market of that period.
The Effect Of Minimum Wages On Labour Market Flows Evidence From Germany
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Author : Ronald Bachmann
language : en
Publisher:
Release Date : 2015
The Effect Of Minimum Wages On Labour Market Flows Evidence From Germany written by Ronald Bachmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Wage Inequality In Germany After The Minimum Wage Introduction
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Author : Mario Bossler
language : en
Publisher:
Release Date : 2020
Wage Inequality In Germany After The Minimum Wage Introduction written by Mario Bossler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
We revisit the development of monthly wages in Germany between 2000 and 2017. While wage inequality strongly increased during the first years of this period, it recently returned to its initial level, raising the question what the role of the German minimum wage introduction for this reversal is. We identify effects of the minimum wage from difference-in-differences based on unconditional quantile regressions applied to German administrative employment data. The results show significant wage effects of varying magnitudes along the lower half of the wage distribution. Employment dynamics do not explain effects along the wage distribution, implying strong wage increases among the existing workforce. The increased individual labor income is not offset by decreasing social benefits. Overall, the introduction of the minimum wage can account for about half of the recent decrease in wage inequality.
The Dynamics Of Wage Relations In The New Europe
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Author : Linda Clarke
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Dynamics Of Wage Relations In The New Europe written by Linda Clarke and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
he debate on 'The Dynamics of Wage Relations in the New Europe' is an T offspring of a research project on 'Disparities in Wage Relations and the Reproduction of Skills in Europe'. At a meeting of the advisory committee for this research held at the University of Westminster in London on 14th November 1994, it was decided (by Linda Clarke,]orn]anssen, Henryk Lewandowski, Philippe Mehaut, Patrick Rozenblatt and Frank Wilkinson) to set up a larger international committee to develop a programme and seek funding from the European Commission for a symposium of experts on wage relations. This committee of ten scientific experts was formed and invited to a number of meetings throughout 1995 and 1996 by DG V of the European Commission in order to develop a programme and proposal for a symposium to take place in 1997. Eventually the proposal, formally submitted by University of Westminster/London, University ofMaastrichti Netherlands, Fachhochschule Dortmund/Germany and University of Osnabriick/ Germany was accepted by the European Commission in May 1996. Additional funding was then obtained from the Hans-Bockler-Stiftung and the Dutch Organisation for Scientific Research allowing, in particular, participants from Central and East European countries to be invited. The subject of wage relations, as a central issue of European social policy, was intended to be tackled in an open debate between scientists and policy makers, the latter as individual experts rather than representatives.
Employment And Wages In Germany
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Author :
language : en
Publisher:
Release Date : 1996
Employment And Wages In Germany written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.
Dynamics Of Earnings And Hourly Wages In Germany
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Author : Michal Myck
language : en
Publisher:
Release Date : 2011
Dynamics Of Earnings And Hourly Wages In Germany written by Michal Myck and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
There is by now a lot of evidence showing a sharp increase in cross-sectional wage and earnings inequality during the 2000s in Germany. Our study is the first to decompose this cross-sectional variance into its permanent and transitory parts for years beyond 2000. Using data from the German Socio-Economic Panel on fulltime working individuals for years of 1994 to 2006, we do not find unambiguous empirical support for the frequent claims that recent increases in inequality have been driven mainly by permanent disparities. From 1994 on, permanent inequality increases continuously, peaks in 2001 but then declines in subsequent years. Interestingly the decline in the permanent fraction of inequality occurs at the time of most rapid increases in cross-sectional inequality. It seems therefore that it is primarily the temporary and not the permanent component which has driven the strong expansion of cross-sectional inequality during the 2000s in Germany.