concerns on economic outcomes. We also review evidence from laboratory and field experiments examining the role of wages and … fairness on effort, derive predictions from our approach for entry-level wages and incumbent workers' wages, confront these …

In this paper we show that panel estimates of tenure specific sensitivity to the business cycle of wages is subject to … potentially informative variation in average wages. Unfortunately cannot be identified in unmatched data because a differential …

wages with respect to unemployment postulated by Blanchflower and Oswald. In this regime, we also find that works councils … dampen the adjustment of wages to the regional unemployment situation. In the other regimes of plants that either do not make …

wages increase by about 45%. The results are based on multiple instrumental variables, including firm-specific international … country: RS is weaker in firms with more women and less educated workers; RS involves an element of risk sharing, as wages … wages tend to reduce RS; and, while employer labour market power reduces wages, it increases RS. Overall, despite its …