The Real Wage Cyclicality of Newly Hired and Incumbent Workers in Germany
Dados Bibliográficos
| ID | 9709852 |
|---|---|
| Autores | Heiko Stüber (0000-0001-9778-3205, Friedrich-Alexander University Erlangen-Nürnberg (FAU) and Institute for Employment Research (IAB) of the German Federal Employment Agency (BA), autor correspondente) |
| Ano | 2017 |
| Volume | 127 |
| Fascículo | 600 |
| Páginas | 522-546 |
| Data de publicação | 2017-03-01 |
| Peer Reviewed | Sim |
| Open Access | Sim |
| Tipo | ARTICLE |
| Periódico | The Economic Journal (JOURNAL) |
| Identificadores do periódico | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editora | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12313 |
| OpenAlex | W1709626788 |
| Idioma | EN |
| Citações recebidas | 2 |
| Referências citadas | 39 |
Several recent macroeconomic models assume that real wages are rigid. The wage rigidity of newly hired workers assumes a crucial role in these models, as the decision of whether to open a vacancy is primarily influenced by real hiring wages. This article analyses the cyclical behaviour of real wages in Germany. It considers recent concerns that not controlling for cyclical job up and downgrading leads to biased results. The results indicate that wages are not rigid – neither for all workers nor for newly hired workers – but instead respond considerably to business cycle conditions
Business cycle · Economics · Efficiency wage · Labour economics · Macroeconomics · Real wages · Rigidity (electromagnetism · Wage · Economic Policies and Impacts · Engineering · German Economic Analysis & Policies · Labor market dynamics and wage inequality
Job Creation and Job Destruction in the Theory of Unemployment
Revisiting the German Wage Structure
The Cyclical Behavior of Equilibrium Unemployment and Vacancies
Measuring the Cyclicality of Real Wages
Mostly Harmless Econometrics
Employer-to-Employer Flows in the United States
The Returns to Labor and the Cyclical Behavior of Real Wages
Training and Union Wages
The Real Wage Rate Over the Business Cycle
The Structure of Labor Markets
From Sick Man of Europe to Economic Superstar
New Evidence on Real Wage Cyclicality Within Employer–employee Matches
Heterogeneity in Real Wage Cyclicality
Unemployment, Production Functions, and Effective Demand
Real Wages over the Business Cycle
Real Wages over the Business Cycle
Firm Wage Differentials and Labor Market Sorting
Unemployment Fluctuations with Staggered Nash Wage Bargaining
Changes in Real and Money Wages
The Movement of Real and Money Wage Rates
Wage Changes and Intrafirm Job Mobility over the Business Cycle
Real Wage Cyclicality of Job Stayers, Within-Company Job Movers, and Between-Company Job Movers
| Obras citantes distintas | 2 |
|---|---|
| Citações por ano | 0,25 |
| Intervalo de citações | 2018 - 2025 (8) |
| Velocidade de citação | recent |
| Altamente citado | Não |
| Tipos de citação | Neutras: 2 |