BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//CREST - ECPv5.1.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:CREST
X-ORIGINAL-URL:https://crest.science
X-WR-CALDESC:Events for CREST
BEGIN:VTIMEZONE
TZID:Europe/Helsinki
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20250330T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20251026T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Helsinki:20250210T121500
DTEND;TZID=Europe/Helsinki:20250210T133000
DTSTAMP:20260711T150648
CREATED:20250107T073223Z
LAST-MODIFIED:20250203T064642Z
UID:17731-1739189700-1739194200@crest.science
SUMMARY:Kerstin HOLZHEU (Sciences-Po) " Wage Bargaining and Wage Posting Firms"
DESCRIPTION:[vc_row][vc_column][vc_column_text]Macro seminar\nTime : 12h15 – 13h30 \nDate : 10th  February 2025 \nSalle 3001 \nKerstin HOLZHEU (Sciences-Po) “Wage Bargaining and Wage Posting Firms” \nAbstract: This paper characterizes wage bargaining and wage posting firms. Using a theoretically derived likelihood-based estimation and clustering algorithm\, we classify firms into either wage-bargaining or wage-posting types. Empirically\, we leverage survey data from Germany and administrative data from Austria and find strikingly similar characterizations of both firm types. We find that wage-bargaining firms\, which account for about 43% of Austrian firms and 43% of German firms\, exhibit higher productivity and within-firm wage variation. Our model explains job-to-job mobility with wage decreases as workers trade current wages at posting firms for potential future gains at bargaining firms. Ensuing inefficient mobility accounts for 11–17% of worker transitions and about 1-2% of output losses. \nJoint work : Jean-Marc ROBIN (Sciences-Po) \nOrganizer : Suzanne BELLUE \n
URL:https://crest.science/event/kerstin-holzheu-sciences-po-t-b-a-2/
CATEGORIES:Macroeconomics,Seminars
ATTACH;FMTTYPE=:
END:VEVENT
END:VCALENDAR