production complementarities helps to interpret conflicting evidence. Complementarities attenuate working time adjustments to … idiosyncratic, or individual-specific, variation in work incentives. Complementarities do not restrict, however, responses to firm …

How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical … find strong evidence of strategic complementarities, with a typical firm adjusting its price with an elasticity of 35 … strategic complementarities and a complete cost pass-through, and large firms responding to their cost shocks and competitor …

. This allows to analyze age complementarities within groups of workers that have a comparable skill level. Based on the …, depending on the age and the skill level of the workers. The complementarities especially arise between younger and middle aged …

How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical … evidence of strategic complementarities, with a typical firm adjusting its price with an elasticity of 35% in response to the … substantial heterogeneity in these elasticities across firms, with small firms showing no strategic complementarities and a …