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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18395Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Pannenberg, Markus | - |
| dc.creator | Spiess, Martin | - |
| dc.date | 2007 | - |
| dc.date.accessioned | 2013-10-16T06:59:48Z | - |
| dc.date.available | 2013-10-16T06:59:48Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/18395 | - |
| dc.identifier | ppn:523980418 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18395 | - |
| dc.description | We propose a generalized estimating equations approach to the analysis of the mean and the covariance structure of a bivariate time series process of panel data with mixed continuous and discrete dependent variables. The approach is used to jointly analyze wage dynamics and the incidence of profit-sharing in West Germany. Our findings reveal a significantly positive conditional correlation of wages and the incidence of profit-sharing. Furthermore, they indicate that permanent unobserved individual ability is comparatively more important in the profit-sharing than in the wage equation and show that shocks have a long-lasting effect on transitory wages but not on the incidence of profit-sharing. Hence, the results support theoretical predictions that selection into profit-sharing is mostly due to unobservable ability and that profit-sharing ties wages more closely to productivity. | - |
| dc.language | eng | - |
| dc.publisher | Deutsches Institut für Wirtschaftsforschung (DIW) Berlin | - |
| dc.relation | DIW-Diskussionspapiere 663 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | J33 | - |
| dc.subject | J31 | - |
| dc.subject | C35 | - |
| dc.subject | C33 | - |
| dc.subject | D31 | - |
| dc.subject | ddc:330 | - |
| dc.subject | generalized estimating equations | - |
| dc.subject | covariance structure | - |
| dc.subject | longitudinal data | - |
| dc.subject | real wages | - |
| dc.subject | variable pay | - |
| dc.subject | Zeitreihenanalyse | - |
| dc.subject | Panel | - |
| dc.subject | Varianzanalyse | - |
| dc.subject | Reallohn | - |
| dc.subject | Erfolgsbeteiligung | - |
| dc.subject | Schätzung | - |
| dc.subject | Deutschland | - |
| dc.title | GEE Estimation of a Two-Equation Panel Data Model: An Analysis of Wage Dynamics and the Incidence of Profit-Sharing in West Germany | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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