inappropriate wage increases. It is thus important to examine the institutional context which determines the wage bargaining process …

, under a Nash bargain, the equilibrium wage is linear in a person-specific component, a firm-specific component, and the … posterior mean of beliefs about match quality. Second, the optimal separation policy is of the reservation wage type …) Program at the US Census Bureau. I present both fixed and mixed model specifications of the equilibrium wage function, taking …

We investigate the wage-setting behavior of French companies using an ad-hoc survey conducted specifically for this … study. Our main results are the following. i) Wages are changed infrequently. The mean duration of wage contracts is one … year. Wage changes occur at regular intervals during the year and are concentrated in January and July. ii) We find a lower …

This study investigates the impact of minimum wage (SMIC) increases on the average wage in France. We use two series of … average wage: the average hourly blue-collar wage rate (SHBO) and the average wage per capita (SMPT). We combine these series … estimate allow for a very gradual impact of the minimum wage on the average wage, while previous studies often assumed only an …

in the shadow cost of labor in terms of external financing and iii) an endogenous wage rigidity caused by a short …-lived increase in households' consumption and in their marginal value of time. This endogenous wage rigidity together with the model …

1990s by economic reforms in general and particularly by: a) financial shocks, b) labor reforms that change non-wage labor …. Increases in non-wage labor costs lead to bigger job destruction and reallocation and to smaller net employment and productivity … employment growths in response to reductions in non-wage labor costs and sectoral tariff hikes. The presence of workers with …