The Dynamics of Wages and Employment.

In this paper, we demonstrate substantial heterogeneity in wage growth across firms within industry, and across workers within firm in Belgium. This variation does not appear to be consistent with simple measurement error stories, but rather seems to be evidence of a more complex labor market. We also empirically show how different the wage and employment adjustment process looks at different levels of aggregation.

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Year of publication:	1998
Authors:	Leonard, J.S. ; Van Audenrode, M.
Institutions:	Département d'Économique, Université Laval
Subject:	LABOUR MARKET \| WAGES

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Series:	Laval - Recherche en Politique Economique.
Type of publication:	Book / Working Paper
Notes:	32 pages
Classification:	J20 - Time Allocation; Work Behavior; Employment Determination and Creation. General ; J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005625830