the labor market propagate to the rest of the economy through changes in employment, wages and local prices and how this … policy. -- Wages ; general equilibrium …

labor market. In an environment of high uncertainty, risk averse and heterogeneous workers face a trade-off between wages … firm where they accept lower wages as a price for security. In this framework, wage arrears can be viewed as an element of …

We augment the standard asymmetric learning model with costly effort. With this adjustment, wages become fully … wage controls and salary history bans. Permitting workers to disclose their wages to outside firms results in an …

Wages have been spreading out across workers over time - or in other words, the 90th/50th wage ratio has risen over … calculations of productivity by skill level for the U.S., we show that the distributions of both wages and productivity have spread … exists, such that gains in aggregate productivity, or GDP per person, have resulted in higher wages for workers at the top …

discuss possible effects on labor productivity, wages, and human capital. We also show that the fast-growing dependency ratio …