and find strong evidence of smoothing of male's and female's permanent shocks to wages. Once family labor supply, assets …

and find strong evidence of smoothing of male's and female's permanent shocks to wages. Once family labor supply, assets …

This paper looks at changes in employment and relative wages of near higher earnings (NHE) workers between middle …

and find strong evidence of smoothing of male's and female's permanent shocks to wages. Once family labor supply, assets …

rates. Our analysis is based on a microsimulation model that accounts for the interactions between wages, the tax …

rates. Our analysis is based on a microsimulation model that accounts for the interactions between wages, the tax …

Higher wages increase labor costs but improve the productivity of the labor force through several channels. If firms … take this into account and set their wages accordingly, the resulting wages may fail to adjust demand and supply but may … higher wages. All these phenomena are well established empirically. Efficiency wage theory provides an integrated explanation …

) increased entry of high-wage firms boosts the effect of rising schooling attainment on mean log wages by 25%, and (iii) the …