Selection and Real wage cyclicality: Germany Case

Kang, Lili and Peng, Fei (2012): Selection and Real wage cyclicality: Germany Case.

Abstract

This paper examines the selection biases in the cyclical behaviour of real wages using the German Socio-Economic Panel Data (GSOEP) for the 1984-2009 period. We find rigid wages of job stayers in Germany.

• Item Type: MPRA Paper
• Language: English
• Keywords: Selection; Wage cyclicality; Panel data
• Subjects: E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; Cycles; C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C52 - Model Evaluation, Validation, and Selection; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J31 - Wage Level and Structure ; Wage Differentials; C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models

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