Labor market tightness and individual wage growth: evidence from Germany

被引:3
|
作者
Brunow, Stephan [1 ]
Losch, Stefanie [2 ]
Okhrin, Ostap [2 ]
机构
[1] Univ Appl Labour Studies HdBA, Campus Schwerin, Schwerin, Germany
[2] Tech Univ Dresden, Fac Transportat Friedrich List, Esp Transportat, Dresden, Germany
关键词
Labor shortages; Occupation-specific wage curve; Demographic change; Wage growth; BIASED TECHNOLOGICAL-CHANGE; VARIABLE SELECTION; TECHNICAL CHANGE; EMPLOYMENT; POLARIZATION; INEQUALITY; TASKS;
D O I
10.1186/s12651-022-00322-7
中图分类号
F24 [劳动经济];
学科分类号
020106 ; 020207 ; 1202 ; 120202 ;
摘要
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.
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页数:21
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