9905 VILHUBERT , Lars Wage Flexibility and Contract Structure in Germany
نویسنده
چکیده
In this paper we look at how labor market conditions at di erent points during the tenure of individuals with rms are correlated with current earnings Using data on individuals from the German Socioeconomic Panel for the period to we nd that both the contemporaneous unemployment rate and prior values of the unemployment rate are signi cantly correlated with current earnings contrary to results for the American labor market Estimated elasticities vary between and percent for the elasticity of earnings with respect to current unemployment rates and between and percent with respect to unemployment rates at start of current rm tenure Moreover whereas local unemployment rates determine levels of earnings national rates in uence contemporaneous variations in earnings We interpret this result as evidence that German unions do in fact bargain over wages and employment but that models of individualistic contracts such as the implicit contract model may explain some of the observed wage drift and longer term wage movements reasonably well Furthermore we explore the heterogeneity of contracts over a variety of worker and job characteristics In particular we nd evidence that contracts di er across rm size and worker type Workers of large rms are remarkably more insulated from the job market than workers for any other type of rm indicating the importance of internal job markets Dans cet article nous analysons la corr lation entre les revenus de travail contemporains et les conditions sur le march du travail savoir le taux de ch mage mesur di rents moments pendant la dur e du contrat de travail Les donn es que nous utilisons proviennent du Panel Socio conomique Allemand et comprennent la p riode Contrairement aux r sultats pour le march am ricain nous trouvons que l tat actuel du march du travail est un important facteur m me en contr lant pour le taux de ch mage en vigueur au d but de la relation d emploi Les lasticit s estim es varient entre et pourcent pour l lasticit des revenus de travail par rapport au taux de ch mage contemporain et entre et pourcent par rapport au taux de ch mage en d but de contrat Notamment tandis que le taux de ch mage r gional a ecte le niveau des revenus d emploi le taux national in uence la variation dans les revenus Ces r sultats sont coh rents avec la pr sence simultan e de conventions collectives et de contrats individuels tels les mod les de contrats implicites qui expliquent une partie de la variance de revenus de travail et des mouvements de revenu long terme En plus de la variation r gionale nous tudions l h t rogen it des contrats selon certains caract ristiques des travailleurs et des emplois En particulier nous constatons que les contrats de travail di rent selon la taille de l entreprise et le type de travailleur Un travailleur dans une grande entreprise est remarquablement plus isol de uctuation du march de travail qu un travailleur dans toute autre taille d entreprise sugg rant l importance des march s du travail internes pour ces rmes
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تاریخ انتشار 1999