This paper uses micro data from the German Socio-Economic Panel to document that the wage structure in West Germany was remarkably stable over the period 1984-97, with little variation over time in wage or earnings inequality among and within different skill groups. The paper investigates a number of possible explanations for the stability of the wage structure and concludes that it is attributable ...
This paper presents preliminary results from an empirical analysis of the individual and macroeconomic determinants of reservation wages, using data from the German Socio-Economic Panel. The longitudinal aspect of the dataset provides an interesting perspective on the dynamics of reservation wages and their correlations with accepted wage offers for workers who make the transition from unemployment ...