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This paper develops a macroeconomic model that combines an incomplete-markets overlapping-generations economy with a job ladder featuring strategic wage bargaining and endogenous search effort of employed and non-employed workers. The model is able to capture the empirical relationships between search activity, labor market transition, earnings and wealth that we document in German data. We use the calibrated model to analyze the determinants of job mobility, earnings and wealth dynamics over the life cycle. We further examine the impact of unemployment insurance and progressive taxation for labor market dynamics, wage inequality and macroeconomic outcomes.

This paper examines the incidence and consequences of individual wage bargaining.  We collected survey data on the bargaining policies of more than 700 German firms.  Using these data, we validate a new survey measure of firm bargaining policies.  We then examine what drives heterogeneity in firm policies. Using the link between these data, administrative Social Security records, and a survey we fielded to 135,000 German workers, we examine the dynamics of bargaining in the labor market.  In the last part of the paper we examine the implications of individual-bargaining for wage inequality.  We also draw a link between individual specific pay premia and bargaining behavior.

The EALE Job Market Tour is an annual event devised to promote research and interaction among young scholars from European institutions.

Das Institut für Arbeitsmarkt- und Berufsforschung lädt zu einem Workshop über unvollkommenen Wettbewerb auf dem Arbeitsmarkt ein.

Das Institut für Arbeitsmarkt- und Berufsforschung (IAB) lädt zu einem Workshop über unvollkommenen Wettbewerb auf dem Arbeitsmarkt ein.

This workshop invites empirical contributions using either the IAB Establishment Panel, one of its derivatives (LPP/LIAB), or other matched employer-employee data.

Celebrating the 30th anniversary of the IAB Establishment Panel Survey, this workshop invites empirical contributions using either the IAB Establishment Panel, one of its derivatives (LPP/LIAB), or other matched employer-employee data. Research projects from all areas of labour market research are welcome, including personnel economics, sociology and economics of vocational education and training, industrial relations, or industrial economics. Papers may address research questions in any of these areas as well as methodological questions.