Please use this identifier to cite or link to this item:
Fels, Joachim
Gundlach, Erich
Year of Publication: 
[Publisher:] Institut für Weltwirtschaft (IfW) [Place:] Kiel [Year:] 1990
Series/Report no.: 
Kiel Working Paper 400
In West Germany workers with similar skills earn different wages according to the industry in which they are employed. This finding is no surprise given the institutional rigidities of the West German labor market. But the similarity of the interindustry wage structures in West Germany and in the U.S. points to a puzzle since these countries exhibit totally different labor market institutions. Typical high-wage industries in both countries are motor vehicles and petroleum refining. Furthermore, large correlations of wages between any two qualification groups of workers within an industry in both countries cannot easily be explained by standard neoclassical labor market theories. Once alternative theories are accepted, the economic policy prescriptions regarding the labor market become very different.
Document Type: 
Working Paper

Files in This Item:
664.45 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.