Year: 2005
Author: Gathmann, Christina
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 125 (2005), Iss. 1 : pp. 7–16
Abstract
This paper documents and analyzes changes in relative wages of older East Germans after unification. In 1990, employees above 45 started out with very low wages relative to younger East Germans or West Germans in the same cohort. Results suggest that older employees lost up to 30 percent of their earnings because socialist work experience fully depreciated after the regime change. Older employees lost further in relative terms because their retums to education and occupational skills were much lower than younger East Germans early in the transition.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.125.1.7
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 125 (2005), Iss. 1 : pp. 7–16
Published online: 2005-01
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 10
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