secondary sources to assemble two new databases on wages and commodity prices to establish a new regional consumer price index …This paper presents new estimations of wages for Normandy between 1600 and 1850. We used a vast array of primary and … resulting labour shortage, led to a convergence of wages across unskilled occupations and a relative catch-up with urban skilled …

between wages and prices. A consideration that could loom large is the shortfall in wage gains relative to their pre …

This paper investigates the persistence of aggregate wages and prices in Portugal assuming a model of a unionized … wages is attributable mainly to unemployment shocks (about 80 percent), whereas variation in the forecast errors of prices …). Productivity shocks explain somewhat less than 10 percent of the variation in forecast errors of wages and prices. …

markets based on wages and prices. Firms experiment with prices and employment levels to maximize their profits. We developed …-firm economies converge toward the competitive equilibria typified by lower prices and higher output and employment, but also suffer …

optimize with respect to wages, prices, and employment levels. Thus, competitive firms generate market ''noise'' in the steady … multiple-firm economies converge toward the competitive equilibria typified by lower prices and higher output and employment …. However, we find that competition also leads to churn by consumers seeking lower prices, making it difficult for firms to …