In recent contributions, Acemoglu and Pischke argue that wage compression induces firms to invest in general training. However, they consider only absolute wage compression. We extend their approach to consider relative wage compression and argue that wage compression as generally understood in...

Using representative data from the British Household Panel Survey for the period 1991--97, we document the extent of union coverage across standard and non-standard workers in Britain. Non-standard employment--defined in terms of contracts, places, times, and hours of work--involves...

We provide an analytical framework within which changes in income inequality over time are related to the pattern of income growth across the income range and the reshuffling of individuals in the income pecking order. We use the framework first to explain how it was possible both for the poor...

This paper analyzes the role of fixed-term contracts in bringing about simultaneous worker flows and worker and job turnover in Spain. After exploring the issue that hirings (separations) are not restricted to growing (declining) establishments and that most firms are simultaneously engaged in...