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Effizienzentlohnung und die deutsche Lohnkurve (Efficiency wages and the German wage curve)

Author

Listed:
  • Blanchflower, David G.
  • Oswald, Andrew J.

Abstract

"The paper is an attempt to test whether there is a wage curve in western Germany and if so whether it might be explained by efficiency-wage forces. Such a theory makes two predictions. First, where the degree of supervision is low, wages will be high. Second, where the degree of supervision is low, the unemployment elasticity of pay will be high. The German Socioeconomic Panel is one of the few data sets that records information about the degree of supervision. Using these data, we find that the first prediction is accepted and the second prediction is rejected. Our broad judgement is that there is a German wage curve with an elasticity of approximately -0.1, but that the results are not strongly supportive of an efficiency-wage explanation for its existence." (Author's abstract, IAB-Doku) ((en))

Suggested Citation

  • Blanchflower, David G. & Oswald, Andrew J., 1996. "Effizienzentlohnung und die deutsche Lohnkurve (Efficiency wages and the German wage curve)," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 29(3), pages 460-466.
    • Handle: RePEc:iab:iabmit:v:29:i:3:p:460-466
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    Cited by:

    1. Uwe Blien & Wolfgang Dauth & Thorsten Schank & Claus Schnabel, 2013. "The Institutional Context of an ‘Empirical Law’: The Wage Curve under Different Regimes of Collective Bargaining," British Journal of Industrial Relations, London School of Economics, vol. 51(1), pages 59-79, March.

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