The current expansion has delivered the lowest unemployment rates in decades, yet nominal wage growth has remained … relatively contained. This suggests to some a shift in the historical relationship between unemployment and wage growth. We look … real wage growth with respect to unemployment has fallen recently, a result that is not due to a compositional shift toward …

This paper contributes to the search theory of unemployment by endogenously generating matching functions for skilled …

on the basis of the falling unemployment rate. Moreover, examining the relationship between measures of displacement and …