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  <title>EconStor Collection:</title>
  <link rel="alternate" href="https://hdl.handle.net/10419/44" />
  <subtitle />
  <id>https://hdl.handle.net/10419/44</id>
  <updated>2026-04-29T06:26:04Z</updated>
  <dc:date>2026-04-29T06:26:04Z</dc:date>
  <entry>
    <title>Crowded career ladders? Intra-firm spillovers of raised retirement age</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/336186" />
    <author>
      <name>Badalyan, Sona</name>
    </author>
    <id>https://hdl.handle.net/10419/336186</id>
    <updated>2026-02-07T03:49:28Z</updated>
    <published>2026-01-01T00:00:00Z</published>
    <summary type="text">Title: Crowded career ladders? Intra-firm spillovers of raised retirement age
Authors: Badalyan, Sona
Abstract: I study how delayed retirements reshape firms internal labor markets, leveraging a German reform that raised womens early retirement age by at least three years. The reform increased retention of older women and reduced both internal promotions and external hiring of younger coworkers, with the greatest losses among middle-aged workers who were near to older workers on the career ladder. Spillovers are structured: promotion crowd-outs arise in thick internal labor markets with intense competition, while hiring declines are largest in thin external markets with high turnover costs. Crowd-out effects concentrate within jobcells, whereas coworkers in different jobcells can benefit when retained older workers possess specific human capital. Taken together, the evidence supports slot-constraint theoriesaugmented by firm-specific human-capital mechanisms.</summary>
    <dc:date>2026-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>Health insurance as economic stimulus? Evidence from long-term care jobs</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/315970" />
    <author>
      <name>Hackmann, Martin B.</name>
    </author>
    <author>
      <name>Heining, Jörg</name>
    </author>
    <author>
      <name>Klimke, Roman</name>
    </author>
    <author>
      <name>Polyakova, Maria</name>
    </author>
    <author>
      <name>Seibert, Holger</name>
    </author>
    <id>https://hdl.handle.net/10419/315970</id>
    <updated>2025-05-01T02:39:35Z</updated>
    <published>2025-01-01T00:00:00Z</published>
    <summary type="text">Title: Health insurance as economic stimulus? Evidence from long-term care jobs
Authors: Hackmann, Martin B.; Heining, Jörg; Klimke, Roman; Polyakova, Maria; Seibert, Holger
Abstract: We leverage decades of administrative data and quasi-experimental variation in the introduction of universal long-term care (LTC) insurance in Germany in 1995 to examine whether health insurance expansions can stimulate local economies. We find that the LTC insurance rollout led not only to sizeable growth of the target LTC sector, but also to an aggregate fall in unemployment and an increase in the labor force participation. Quantitatively, a 10 percentage point increase in the share of insured LTC patients led to 4 more nursing home workers per 1,000 individuals age 65 and older (12 percent increase). Wages did not rise in the LTC sector or other sectors of the economy. The quality of newly hired nursing home workers declined, but this had no negative effect on old-age life expectancy. Overall, the insurance expansion brought lower-skilled workers into new jobs rather than reallocating workers away from other productive sectors. Our marginal value of public funds (MVPF) analysis suggests that the reform paid for itself when taking the positive fiscal externalities in the labor market into account. To understand which market primitives underpin our findings and to inform the external validity of our results, we develop and estimate a general model of labor markets with product-market subsidies in the presence of wedges, such as income taxes. Our model simulations show that the aggregate welfare effects of insurance expansions are theoretically ambiguous and depend centrally on the magnitude of frictions in input markets.</summary>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>The effect of health on refugees' labor market integration: Evidence from a natural experiment in Germany</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/315976" />
    <author>
      <name>Goßner, Laura</name>
    </author>
    <author>
      <name>Jaschke, Philipp</name>
    </author>
    <author>
      <name>Kosyakova, Yuliya</name>
    </author>
    <id>https://hdl.handle.net/10419/315976</id>
    <updated>2025-05-01T02:39:55Z</updated>
    <published>2025-01-01T00:00:00Z</published>
    <summary type="text">Title: The effect of health on refugees' labor market integration: Evidence from a natural experiment in Germany
Authors: Goßner, Laura; Jaschke, Philipp; Kosyakova, Yuliya
Abstract: This paper analyzes the role of health for refugees' integration into host societies' labor markets. We exploit the quasi-random dispersal policies of refugees across regions in Germany to analyze the causal effect of health on employment. Based on regional and temporal heterogeneity in a policy adoption that provided earlier access to health care services through electronic health cards (eHCs), combined with the regional availability of health care services and pre-migration health status, we construct instrumental variables (IVs) providing plausibly exogenous variation in refugees' post-arrival health status. Our results reveal that favorable physical health (PCS) improves males' employment probability. Concurrently, favorable mental health (MCS) increases females' employment rates, although this effect must be scrutinized due to weak instruments. Regarding potential mechanisms, we provide evidence that better health increases language course participation and German language proficiency for female refugees.</summary>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>Rent sharing and the gender bargaining gap: Evidence from the banking sector</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/315977" />
    <author>
      <name>Coskun, Sena</name>
    </author>
    <author>
      <name>Gartner, Hermann</name>
    </author>
    <author>
      <name>Taskin, Ahmet Ali</name>
    </author>
    <id>https://hdl.handle.net/10419/315977</id>
    <updated>2025-05-01T02:39:50Z</updated>
    <published>2025-01-01T00:00:00Z</published>
    <summary type="text">Title: Rent sharing and the gender bargaining gap: Evidence from the banking sector
Authors: Coskun, Sena; Gartner, Hermann; Taskin, Ahmet Ali
Abstract: We use the removal of public bank guarantees in Germany as a quasi-natural experiment to estimate the gender bargaining power gap. Using comprehensive wage data from the universe of banking employees, combined with bank-level financial information, we find that women have approximately two-thirds of the bargaining power of men. Our model-based analysis suggests that this gender bargaining gap alone accounts for 13 to 25 percent of the observed gender wage gap in the sector. These findings highlight an important driver of gender inequality: Changes in firm profitability can reduce the gender wage gap, even without improvements in structural gender equality. This effect has significant implications for high-rent, high-inequality industries such as finance, where rent-sharing mechanisms favor male employees.</summary>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
  </entry>
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