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Revisiting the German Wage Structure

Author: Benjamin Bruns

Publisher: GRIN Verlag

Published: 2013-08-26

Total Pages: 40

ISBN-13: 3656486913

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.

The Unbearable Stability of the German Wage Structure

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.

Migration and the Inter-Industry Wage Structure in Germany

Author: John Haisken-De New

Publisher:

Published: 1996-05-15

Total Pages: 230

ISBN-13: 9783642801433

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Migration and the Inter-Industry Wage Structure in Germany

Author: John P. Haisken-DeNew

Publisher: Springer

Published: 1996-05-15

Total Pages: 234

ISBN-13:

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Examines the impact of immigration on the wages of native Germans. Covers trends from 1982 to 1992. Presents new empirical results for Germany with estimations of wage impacts of migration, German inter-industry wage differentials, and the role of migration in determining the inter-industry wage structure. Panel estimators are used in addition to the standard OLS estimator to carry out the econometric estimation. The analysis shows the existence of moderate migration wage impacts on native Germans.

Wage Inequality in Germany After the Minimum Wage Introduction

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 East German Wage Structure in the Transition to a Market Economy

Author: Viktor Steiner

Publisher:

Published: 1994

Total Pages: 32

ISBN-13:

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The Changing Distribution of Earnings in OECD Countries

Author: A B Atkinson

Publisher: Oxford University Press on Demand

Published: 2008-05

Total Pages: 505

ISBN-13: 0199532435

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Examining what people are paid and how pay differences have changed over time, this title presents new theories that challenge thinking on the impact of education, technology, globalization and the rigidity of labour markets.

A Global Perspective on the European Economic Crisis

Author: Bruno Dallago

Publisher: Routledge

Published: 2018-10-24

Total Pages: 341

ISBN-13: 1317281160

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The financial and economic crisis in Europe is not over, and the radically opposing strategies on how to proceed has only increased the complexity of problems in the region, revealing the shortcomings of the EU’s architecture. The European Union, perhaps for the first time in its history of more than seventy years, is being perceived as a threat to the financial and monetary stability of the world. A Global Perspective on the European Economic Crisis explores the connection between internal EU actions and institutions and the external factors that influence the ongoing response to the European crisis. With a unique collection of international and interdisciplinary essays, this book considers the complex macroeconomic and challenging political landscape of Europe, looking at how and why the European Union is untenable in its current state. The chapters outline what should be done to make the common currency area more resilient, and explain why external events are particularly problematic for the EU, ultimately offering suggestions for what Europeans should do in order to avoid harmful internal consequences. This volume confronts the causes of the crisis’ persistence, its economic and political consequences, and the impact of more recent events and policy decisions. It will be of interest to researchers and policy-makers keen to understand the EU relations and the influence of international organizations in the European economic crisis.

Handbook of Labor Economics

Author: Orley Ashenfelter

Publisher: Elsevier

Published: 2010-10-27

Total Pages: 1140

ISBN-13: 0444534539

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What factors affect the ways individuals participate in labor markets?New Developments and Research on Labor Markets (volume 4B) proposes answers to this and other questions on important topics of public policy. Leading labor economists demonstrate how better data and advanced experiments help them apply economic theory, yielding sharper analyses and conclusions. The combinations of these improved empirical findings with new models enable the authors of these chapters to reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses. Concentrates on empirical research in specific labor markets, including those defined by age, gender, and race Reveals how questions and answers about these markets have changed and how models measure them Documents how conceptual models and empirical work explain important practical issues