IZA - All published DPs

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No. Author(s) Title JEL Class.
1137 Truman Bewley
Fairness, Reciprocity, and Wage Rigidity
This paper contains a review of empirical work related to wage rigidity, where researchers have collected their own data. The work includes field studies, economic experiments, and psychological ...
(published in: H. Gintis et al. (eds), Moral Sentiments and Material Interests: The Foundations of Cooperation in Economic Life, Cambridge: MIT Press 2005; P. Diamond & H. Vartianen (eds), Behavioral Economics and Its Applications, Princeton University Press, 2007 )
E32, J31
1136 Sara Lemos
Political Variables as Instruments for the Minimum Wage
Following the early 1980s apparent consensus, there has been a controversial debate in the literature over the direction of the minimum wage employment effect. Explanations to nonnegative effects ...
(published in: B.E. Journal of Economic Analysis and Policy: Contributions to Economic Analysis and Policy, 2005, 4 (1), Art.16)
J38
1135 Sara Lemos
The Effects of the Minimum Wage on Wages, Employment and Prices
This paper puts together evidence for the wages, employment and price effects of the minimum wage. This overall picture will help to understand the small employment effects prevalent in the ...
(published in: Research in Labor Economics, 2007, 26, 397-413)
J38
1134 Joachim Wagner
What a Difference a Y Makes: Female and Male Nascent Entrepreneurs in Germany
In western industrialized countries men are on average more than twice as active in entrepreneurship as women. Based on data from a recent representative survey of the adult population in Germany ...
(published in: Small Business Economics, 2007, 28 (1), 1-21)
J23
1133 Tito Boeri
Michael C. Burda
Preferences for Rigid versus Individualized Wage Setting in Search Economies with Frictions
Firing frictions and renegotiation costs affect worker and firm preferences for rigid wages versus individualized Nash bargaining in a standard model of equilibrium unemployment, in which workers ...
(revised version published as 'Preferences for Collective Versus Individualised Wage Setting' in: Economic Journal, 2008, 119 (540), 1440-1463)
J5, J6, D7
1132 Sher Verick
Wilko Letterie
Gerard A. Pfann
Non-Linearities in the Expansion of Capital Stock
The empirical identification of non-linearities in investment relies on how investment is assumed to be separated into various regimes. Using German establishment-level panel data, we estimate a ...
(published in: Oxford Bulletin of Economics and Statistics, 2010, 72 (3), 263-280)
E22, C23, C24
1128 Jens Suedekum
Uwe Blien
Wages and Employment Growth: Disaggregated Evidence for West Germany
We address the effects of wages on employment growth on the basis of a theoretical model from which cost and demand effects can be derived. In the empirical analysis we take a highly disaggregated ...
(published as 'Stimulating employment growth with higher wages? A new approach to address an old controversy' in: Kyklos, 2007, 60 (3), 441-467)
J23, E24, R11
1127 Xavier Raurich
Hector Sala
Valeri Sorolla
Unemployment, Growth and Fiscal Policy: New Insights on the Hysteresis Hypothesis
We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and balanced budget rules cause a complementarity between capital and employment ...
(published in: Macroeconomic Dynamics, 2006, 10 (3), 285-316)
E24, E62, O41
1126 Ansgar H. Belke
Matthias Göcke
Real Options Effects on Employment: Does Exchange Rate Uncertainty Matter for Aggregation?
In a baseline micro model a band of inaction due to hiring- and firing-costs is widened by option value effects of exchange rate uncertainty. Based on this micro foundation an aggregation approach ...
(published in: German Economic Review, 2005, 6 (2), 185-203)
J23, F41, D81
1125 Tomer Blumkin
Yoram Margalioth
Efraim Sadka
On Vertically Challenged and Horizontal Equity – Reassessing Anti-Discrimination Rules
We consider a model of prejudice-driven discrimination, where the advantaged 'tall' discriminate against the disadvantaged 'short'. We employ an egalitarian social welfare function to compare ...
(published in: Journal of Public Economics, 2007, 91 (5-6), 1167-1176)
H2, D6
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