期刊名称：DIW Diskussionspapiere / Deutsches Institut für Wirtschaftsforschung, Berlin
出版年度：2007
卷号：2007
出版社：Deutsches Institut für Wirtschaftsforschung, Berlin
摘要：Using individual based micro-data from the German Socio-Economic Panel Study
(SOEP), I analyze the cyclicality of real wages for male workers within
employer-employee matches over the period 1984-2004, and compare different wage
measures: the standard hourly wage rate, hourly wage earnings including overtime
and bonus payments, and the effective wage, which takes into account not only
paid overtime, but also unpaid working hours. None of the hourly wage measures
is shown to exhibit cyclicality except for the group of salaried workers with
unpaid overtime. Their effective wages react strongly to changes in unemployment
in a procyclical way. Despite acyclical wage rates, salaried workers without
unpaid hours but with income from extra payments, such as bonuses, experienced
procyclical earnings movements. Monthly earnings were also procyclical for
hourly paid workers who received overtime payments. The procyclicality of
earnings revealed for Germany is of comparable size with the one in the U.S.
