using data on collective bargaining agreements from seven countries: Germany, France, Italy, Spain, the Netherlands, Austria …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The difference in biases in labor market expectations explains part of the East-West German wage gap. …

normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …

Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …. Wage growth has been low in most developed economies because of underutilized labor if properly measured. Germany seems to …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …

whether the historical relationship between wages and unemployment has weakened and whether composition effects moderated wage … growth. The results suggest a negative answer to both questions. Wages in the EU have not stopped reacting to unemployment … the EU, especially due to increasing average age and education level. In some Member States such as Germany, Italy …

impact of the relationship between the extensiveness of the low-pay sector and structural unemployment. Data from Germany …

Using administrative data from Germany, this paper analyzes the relation between wages and past and current labor … wages are related to past labor market conditions as contract theories postulate. However, past labor market conditions also … affect contemporaneous wages through the evolution of the match qualities over a worker's job history - the main hypothesis …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …