المستودع الأكاديمي جامعة المدينة

More evidence on the puzzle of interindustry wage differentials : the case of West Germany

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dc.creator Fels, Joachim
dc.creator Gundlach, Erich
dc.date 1990
dc.date.accessioned 2013-10-16T06:23:00Z
dc.date.available 2013-10-16T06:23:00Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/520
dc.identifier ppn:042029988
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/520
dc.description 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.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kiel Working Papers 400
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Lohn
dc.subject Deutschland
dc.title More evidence on the puzzle of interindustry wage differentials : the case of West Germany
dc.type doc-type:workingPaper


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