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dc.contributor.authorAnger, Silkeen_US
dc.date.accessioned2011-07-15en_US
dc.date.accessioned2011-11-23T11:31:06Z-
dc.date.available2011-11-23T11:31:06Z-
dc.date.issued2011en_US
dc.identifier.piurn:nbn:de:101:1-201104113620en_US
dc.identifier.urihttp://hdl.handle.net/10419/51606-
dc.description.abstractThis study analyzes real wage cyclicality for male full-time workers within employer-employee matches in Germany over the period 1984-2004. Five different wage measures are compared: the standard hourly wage rate; hourly wage earnings including overtime and bonus pay; the effective wage, which takes into account unpaid overtime; and monthly earnings, with and without additional pay. None of the hourly wage measures exhibits cyclicality except for the group of salaried workers with unpaid overtime. Their effective wages show a strongly procyclical reaction to changes in unemployment. Despite acyclical wage rates, salaried workers without unpaid overtime experienced procyclical earnings movements if they had income from extra pay. Monthly earnings were also procyclical for hourly paid workers with overtime pay. These findings suggest that cyclical earnings movements are generated by variable pay components, such as bonuses and overtime, and by flexible working hours. The degree of earnings procyclicality revealed for the German labor market is comparable to the United States.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5489en_US
dc.subject.jelE32en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordreal wage cyclicalityen_US
dc.subject.keywordeffective wagesen_US
dc.subject.keywordunpaid overtimeen_US
dc.subject.keywordbonus paymentsen_US
dc.subject.keywordfirm stayersen_US
dc.subject.stwReallohnen_US
dc.subject.stwLohndriften_US
dc.subject.stwKonjunkturen_US
dc.subject.stwBetriebszugehörigkeiten_US
dc.subject.stwArbeitsmarktflexibilitäten_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleThe cyclicality of effective wages within employer-employee matches in a rigid labor marketen_US
dc.typeWorking Paperen_US
dc.identifier.ppn664296343en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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