26.02.2025 • 7/2025
Presseeinladung zur IWH-Jahrestagung: „Fachkräftemangel in Deutschland" am 4. März 2025
Wie die Herausforderungen des Fachkräftemangels gemeistert werden können, diskutiert die Jahrestagung des Leibniz-Instituts für Wirtschaftsforschung Halle (IWH) mit Gästen aus Politik, Wirtschaft und Wissenschaft. Es sprechen unter anderem Leonie Gebers, Staatssekretärin im Bundesministerium für Arbeit und Soziales, sowie Markus Behrens, Regionalchef Sachsen-Anhalt-Thüringen der Bundesagentur für Arbeit.
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At a Glance
IWH at a Glance The Halle Institute for Economic Research (IWH) – Member of the Leibniz Association was founded on January 1, 1992. It is a member of the Leibniz Association. It…
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IWH EXplore
IWH EXplore Competitive Funding for Research Projects with External Involvement at IWH IWH EXplore gives scientists the opportunity to acquire supplemental funding, in addition to…
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The Distribution of National Income in Germany, 1992-2019
Stefan Bach, Charlotte Bartels, Theresa Neef
IWH Discussion Papers,
No. 25,
2024
Abstract
This paper analyzes the distribution and composition of pre-tax national income in Germany since 1992, combining personal income tax returns, household survey data, and national accounts. Inequality rose from the 1990s to the late 2000s due to falling labor incomes among the bottom 50% and rising incomes in the top 10%. This trend reversed after 2007 as labor incomes across the bottom 90% increased. The top 1% income share, dominated by business income, remained relatively stable between 1992 and 2019. A large share of Germany’s top 1% earners are non-corporate business owners in labor-intensive professions. At least half of the business owners in P99-99.9 and a quarter in the top 0.1% operate firms in professional services – a pattern mirroring the United States. From 1992 to 2019, Germany’s top 0.1% income concentration exceeded France’s and matched U.S. levels until the late 2000s.
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FINPRO 4
FINPRO 4 25-26 September 2024 - Barcelona (ESADE) The FINPRO4 Conference took place on 25-26 September 2024 at ESADE Business School in Barcelona. Thanks to the support of our…
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ProdTalks
CompNet ProdTalks CompNet ProdTalks is a monthly recurring 1.5 hour virtual event, two selected papers will be presented including presentation, discussion and Q&A. The top ic…
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11th Annual Conference in Luxembourg
11th Annual Conference in Luxembourg 14.-15. September 2022 in Luxembourg This year CompNet celebrated its 11th Annual Conference, together with EIB and ENRI as co-hosts, which…
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Conference on innovation and productivity in the aftermath of the pandemic
Conference on innovation and productivity in the aftermath of the pandemic Asian Development Bank Institute, Tokyo-Japan 15. November 2022 In the last few years, the ADBI has…
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3rd FINPRO - Finance and Productivity Conference
3rd FINPRO - Finance and Productivity Conference A conference jointly organised by the Bank of Italy, CEPR, CompNet, EBRD & IWH. The topic of this year's FINPRO conference was:…
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Worker Beliefs about Outside Options
Simon Jäger, Christopher Roth, Nina Roussille, Benjamin Schoefer
Quarterly Journal of Economics,
Vol. 139 (3),
2024
Abstract
Standard labor market models assume that workers hold accurate beliefs about the external wage distribution, and hence their outside options with other employers. We test this assumption by comparing German workers’ beliefs about outside options with objective benchmarks. First, we find that workers wrongly anchor their beliefs about outside options on their current wage: workers that would experience a 10% wage change if switching to their outside option only expect a 1% change. Second, workers in low-paying firms underestimate wages elsewhere. Third, in response to information about the wages of similar workers, respondents correct their beliefs about their outside options and change their job search and wage negotiation intentions. Finally, we analyze the consequences of anchoring in a simple equilibrium model. In the model, anchored beliefs keep overly pessimistic workers stuck in low-wage jobs, which gives rise to monopsony power and labor market segmentation.
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