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paid at least the wages and benefits that are "prevailing" for similar work in or near the locality in which the project is … located, have been the focus of an extensive policy debate. We find that the relative wages of construction workers decline …
Persistent link: https://www.econbiz.de/10012471329
of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … responded to the VA wage change by changing their own wages …
Persistent link: https://www.econbiz.de/10012471532
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits … bonus of extra output as a result of a uniquely vertical European aggregate supply curve. The analysis of real wages also …
Persistent link: https://www.econbiz.de/10012477000
a wage equation. I reach the following two main conclusions: Nominal wages adjust faster to prices than prices do to … nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The …
Persistent link: https://www.econbiz.de/10012477025
puzzle of increasing real wages during a period of high unemployment …
Persistent link: https://www.econbiz.de/10012477438
reexamine the effects of trade unions both on relative wages and on relative man hours worked.Our estimates of the relative wage …
Persistent link: https://www.econbiz.de/10012477781
Distingiishing "spot" versus "contract" views of the labor market is of critical importance to a host of economic issues ranging from wage flexibility over the business cycle to firm financial valuation. The structural features of U.S. private pension plans permit surprisingly strong inferences...
Persistent link: https://www.econbiz.de/10012477805
sensitivity of employment to the domestic price of imports varies significantly across these nine sectors, whereas industry wages … of unemployment and wages so generated and the actual, historical paths are attributed to the effects of import … in wages in two industries, among the nine studied …
Persistent link: https://www.econbiz.de/10012478064
literature for over thirty years. The wages and employment o typographers are examined to see whether they can be usefully … characterized as the outcome of a process by which the union maximizes an objective function containing wages and employment and is … wages and employment of these workers compared with our more general formulation …
Persistent link: https://www.econbiz.de/10012478563
consistently underestimate the wages they actually end up paying, and their expectations do not efficiently utilize the information …
Persistent link: https://www.econbiz.de/10012478705