Artikel

Labor market tightness and individual wage growth: Evidence from Germany

It is often stated that certain occupations in Germany, because of "Demographic Change ", are dwindling, implying a labor shortage. We investigate the 10-year wage growth of young employees entering the labor market in different occupations. Our findings suggest that regional labor market tightness in occupational fields significantly explains wage growth. Individuals who start their careers in a tighter labor market enjoy higher wage growth than workers in more relaxed labor markets. We identify some occupational fields where the effect is especially strong, such as several engineering groups, IT occupations, technicians, and some commercial occupations. Interestingly, health-care occupations reveal a reverse relation.

Sprache
Englisch

Erschienen in
Journal: Journal for Labour Market Research ; ISSN: 2510-5027 ; Volume: 56 ; Year: 2022 ; Issue: 1 ; Pages: 1-21

Klassifikation
Wirtschaft
Wage Level and Structure; Wage Differentials
Professional Labor Markets; Occupational Licensing
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Thema
Labor shortages
Occupation-specific wage curve
Demographic change
Wage growth

Ereignis
Geistige Schöpfung
(wer)
Brunow, Stephan
Lösch, Stefanie
Okhrin, Ostap
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2022

DOI
doi:10.1186/s12651-022-00322-7
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Brunow, Stephan
  • Lösch, Stefanie
  • Okhrin, Ostap
  • Springer

Entstanden

  • 2022

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