Aspects of wage dynamics in Germany

Aspects of wage dynamics in Germany PDF

Author: Jens Stephani

Publisher: wbv Media GmbH & Company KG

Published: 2014-11-04

Total Pages: 146

ISBN-13: 376394088X

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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

Immigration and Wage Dynamics in Germany PDF

Author: Sabine Klinger

Publisher: International Monetary Fund

Published: 2019-12-27

Total Pages: 34

ISBN-13: 1513521144

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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

European Wage Dynamics and Spillovers PDF

Author: Yuanyan Sophia Zhang

Publisher: International Monetary Fund

Published: 2019-07-19

Total Pages: 29

ISBN-13: 1513508628

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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.

Migration and the Inter-Industry Wage Structure in Germany

Migration and the Inter-Industry Wage Structure in Germany PDF

Author: John Haisken-De New

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 214

ISBN-13: 3642801420

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Although the issue of migration has received substantial attention in public debate in most countries of the West, only moderately satisfactory attention has been given in the economic literature. This book analyses the case of Germany from an economic point of view. It examines questions such as: Are there substantial negative side-effects of migration, faced by native workers, as sometimes publicly claimed? Do highly skilled and unskilled natives experience different effects? Do certain foreigner national groups affect natives differently? How important is the level of education of these incoming foreigners in determining wage impacts on natives? Do native workers in some industries profit from migration, while others suffer? How is the industrial wage structure affected by migration, if at all?

Wage Inequality in Germany After the Minimum Wage Introduction

Wage Inequality in Germany After the Minimum Wage Introduction PDF

Author: Mario Bossler

Publisher:

Published: 2020

Total Pages:

ISBN-13:

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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 Unbearable Stability of the German Wage Structure

The Unbearable Stability of the German Wage Structure PDF

Author: Eswar Prasad

Publisher: International Monetary Fund

Published: 2000

Total Pages: 70

ISBN-13:

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The objective of this paper is to document the evolution of the German wage structure over the period 1984-97. The paper also investigates the roles of various factors that could have influenced patterns of changes in the wage structure. While a documentation of the evolution of the wage structure in Germany is interesting in its own right, the analysis in this paper, by facilitating comparisons with changes in the wage structures of other industrial countries, could potentially provide important clues to understanding the poor functioning of the German labor market in recent years. In particular, the analysis sheds light on the reasons behind and possible solutions for a particularly troubling problem, the high and rising rate of nonemployment among low-skilled workers.

Revisiting the German Wage Structure

Revisiting the German Wage Structure PDF

Author: Benjamin Bruns

Publisher: GRIN Verlag

Published: 2013-08-26

Total Pages: 40

ISBN-13: 3656486913

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Seminar paper from the year 2013 in the subject Economics - Job market economics, grade: 1,0, Humboldt-University of Berlin (Angewandte Mikroökonometrie / Arbeitsmarktökonomik), course: Topics in Labour Economics, language: English, abstract: Using a large administrative data set, a recent study by Dustmann, Ludsteck, and Schönberg [2009] finds convincing evidence for rising wage inequality in West Germany during the past three decades. Their paper shows that the increase occurred above the median during the 1980s, and was augmented by rising inequality below the median in the 1990s. These results challenge the pervasive conception of the German wage structure being a paragon of stability. Within the scope of this seminar paper, I replicate parts of their analysis using a different data set, namely the German Socio-Economic Panel (GSOEP) for the period from 1984 to 2009. Using monthly and hourly earnings constructs, I assess the extent to which the results of Dustmann, Ludsteck, and Schönberg [2009] can be recovered from GSOEP data. I do so by exploring the wage distribution along several dimensions. In addition to this, I analyze composition-constant counterfactual wage densities using the kernel density reweighting method advanced by DiNardo, Fortin, and Lemieux [1996]. A provisional evaluation of my results suggests that I can confirm the majority of findings of the original paper along a qualitative dimension. A quantitative assessment, however, reveals considerable deviations.

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