response successfully offset earnings loses among lower-wage workers, the risk of continued and persistent unemployment remains …

-called “codes of fair competition,” which encouraged or mandated wage and price fixing, on over 500 American industries pursuant to …-imposed the NIRA's wage cartel policy by passing the National Labor Relations Act (“NLRA”). Both the NIRA codes and NLRA wage … aggregate demand, while wage floors increased real wages and the cost of production, thereby altering the shape of the aggregate …

affects additional sectors of the economy where low-wage earners are affected more frequently by STW and suffered on average …

on nominal wage rigidities at the firm level. I trace out the long-run investment and growth trajectories of firms which … with a higher degree of wage rigidity exhibit a steeper drop in investment and grow more slowly than affected firms with …

I document a disparity in the cyclicality of the allocative wage-the labor costs considered when deciding to form or … more exhibit an allocative wage that is highly pro-cyclical while high school dropouts exhibit no statistically discernible … wage margin. An important takeaway is that conventional monetary policy easing reduces employment inequality but increases …