The Unbearable Stability Of The German Wage Structure PDF Download
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| Author | : Eswar Prasad |
| Publisher | : International Monetary Fund |
| Total Pages | : 70 |
| Release | : 2000 |
| Genre | : Business & Economics |
| ISBN | : |
Download The Unbearable Stability of the German Wage Structure Book in PDF, ePub and Kindle
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.
| Author | : Eswar S. Prasad |
| Publisher | : |
| Total Pages | : 52 |
| Release | : 2000 |
| Genre | : |
| ISBN | : |
Download The Unbearable Stability of the German Wage Stucture Book in PDF, ePub and Kindle
| Author | : |
| Publisher | : |
| Total Pages | : |
| Release | : 2007 |
| Genre | : |
| ISBN | : |
Download Revisiting the German Wage Structure Book in PDF, ePub and Kindle
| Author | : Eduard Brüll |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2020 |
| Genre | : |
| ISBN | : |
Download Evolution of the East German Wage Structure Book in PDF, ePub and Kindle
We analyze the evolution of the wage structure in East Germany over the past two decades and compare it to West Germany. Both regions experienced a rise in wage inequality between 1995 and 2009 with wage dispersion in East Germany exceeding West Germany, esp. at the top. We also show that wage inequality is no longer rising in Germany and has even been declining in East Germany after 2009. Compositional changes of the workforce and selection along the employment margin play only a minor role as does the decline of union coverage for the rise in wage inequality. The adoption of minimum wages in selected industries, in contrast, explains all of the turnaround in East German wage inequality after 2009. Demand side changes seem to account for the rise in wage dispersion at the top.
| Author | : International Monetary Fund. Research Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 224 |
| Release | : 2004-07-29 |
| Genre | : Business & Economics |
| ISBN | : 9781589063235 |
Download IMF Staff Papers, Volume 51, No. 2 Book in PDF, ePub and Kindle
This second issue for 2004 contains 8 new papers, including notable contributions from: Nancy Brune, Geoffrey Garrett, and Bruce Kogut on the global spread of privatization; and Mark P. Taylor and Elena T. Branson on asymmetric arbitrage and default premiums in the U.S. and Russian markets. Other papers in the issue look at German wage structures, contagion in equity markets, export orientation and productivity in Sub-Saharan Africa, the role of higher vs. basic education in economic development, and issues related to capital account liberalization.
| Author | : Martin Biewen |
| Publisher | : |
| Total Pages | : 66 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
Download Changes in the German Wage Structure Book in PDF, ePub and Kindle
This paper provides a comprehensive assessment of the quantitative importance of the factors associated with the rise in male wage inequality in Germany over the period 1995-2010. In contrast to most previous contributions, we rely on the German Structure of Earnings Surveys (GSES) which allow us to focus on hourly wages (rather than daily earnings) uncensored by the social security contributions threshold. We consider a large number of covariates including personal characteristics, measures of internationalization, task composition, union coverage, industry, region, and firm characteristics. Our results suggest that recent changes in the distribution of hourly wages in Germany look different from the polarizing patterns found for the US, and that most of the observed rise in inequality was associated with compositional effects of de-unionization and personal characteristics. We also find some moderate effects linked to internationalization, firm heterogeneity and regional convergence, but these were much smaller.
| Author | : Robert Orlowski |
| Publisher | : |
| Total Pages | : 29 |
| Release | : 2008 |
| Genre | : |
| ISBN | : |
Download The East German Wage Structure After Transition Book in PDF, ePub and Kindle
We extend the literature on transition economies' wage structures by investigating the returns to tenure and experience. This study applies recent panel data and estimation approaches that control for hitherto neglected biases. We compare the life cycle structure in East and West German wages for fulltime employed men in the private sector. The patterns in the returns to seniority are similar for the two regional labor markets. The returns to experience lag behind in the East German labor market, even almost 20 years after unification. The results are robust when only individuals are considered who started their labor market career in the market economy and they hold across skill groups.
| Author | : International Monetary Fund. Research Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 260 |
| Release | : 2002-09-23 |
| Genre | : Business & Economics |
| ISBN | : 9781589061224 |
Download IMF Staff Papers, Volume 49, No. 3 Book in PDF, ePub and Kindle
This paper empirically investigates the monetary impact of banking crises in Chile, Colombia, Denmark, Japan, Kenya, Malaysia, and Uruguay during 1975–98. Cointegration analysis and error correction modeling are used to research two issues: (i) whether money demand stability is threatened by banking crises; and (ii) whether crises lead to structural breaks in the relation between monetary indicators and prices. Overall, no systematic evidence that banking crises cause money demand instability is found. The paper also analyzes inflation targeting in the context of the IMF-supported adjustment programs.
| Author | : International Monetary Fund. Research Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 216 |
| Release | : 2004-11-23 |
| Genre | : Business & Economics |
| ISBN | : 9781589063518 |
Download IMF Staff Papers, Volume 51, No. 3 Book in PDF, ePub and Kindle
This paper tests uncovered interest parity (UIP) using interest rates on longer maturity bonds for the Group of Seven countries. These long-horizon regressions yield much more support for UIP—all of the coefficients on interest differentials are of the correct sign, and almost all are closer to the UIP value of unity than to zero. The paper also analyzes the decision by a government facing electoral uncertainty to implement structural reforms in the presence of fiscal restraints similar to the Stability and Growth Pact.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 44 |
| Release | : 2002-10-31 |
| Genre | : Business & Economics |
| ISBN | : 1451810369 |
Download Germany Book in PDF, ePub and Kindle
This 2002 Article IV Consultation highlights that Germany’s economy is poised for a fragile recovery, after having barely grown since mid-2000. The earlier price shocks and interest rate hikes that contributed to the current slowdown have now unwound. However, sluggish global growth, stock market declines, weak credit growth, and the withdrawal implied by planned fiscal consolidation may stand in the way of a strong recovery. Real GDP growth in 2002 is estimated at about 0.5 percent, with the general government deficit set to exceed 3 percent of GDP.
