. We show that firms were able to respond to the Great Recession with substantial real wage cuts and by recruiting more …

through the analysis of individual wage sequences. These suggest that the downwardly rigid wage sequences implied by implicit …

. We show that firms were able to respond to the Great Recession with substantial real wage cuts and by recruiting more …

. We show that UK firms were able to respond to the Great Recession with substantial real wage cuts and by recruiting more … substantially procyclical, while hours of job stayers were nearly constant. We conclude that there is little evidence of real wage …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are …

differential wage responses to economic shocks. We offer three explanations for these findings: An equilibrium search model, where …

would not have produced an increase in aggregate wage pressure …

positive compensating wage differentials that would otherwise be paid. Specifically, we ask whether industries with relatively …

a model is developed in which the labour market is described as a duopsony and the relation between wage and non … compensating differentials. In particular, while the wage dynamic related to workers shifting from a temporary contract to another … wage and commuting time persists, irrespective of the type of contract. -- atypical contracts ; oligopsony ; compensating …

job search model how the combined assumptions of on-the-job search and wage renegotiation by mutual consent act as a … quantitatively plausible quot;internal propagation mechanismquot; of i.i.d. productivity shocks into persistent wage shocks. The … model suggests that wage dynamics should be thought of as the outcome of a specific acceptance/rejection scheme of i …