profile through wage jumps occurring upon changing job (‘static effects’) or through increases in the wage growth rate …

profile through wage jumps occurring upon changing job ('static effects') or through increases in the wage growth rate …

lifecycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of … dispersion. Furthermore, the fraction of displaced workers who suffer a wage loss is informative of frictional wage growth and … that between 40 to 80 percent of workers experience no frictional wage growth during an employment spell. Our approach …

characteristics of workers entering/ exiting into/from employment that may blur the "true" underlying wage growth, are not typically … accounted for. In this paper, we take these composition effects into consideration and compute wage growth in Spain during the … wage growth in the Spanish economy during recessions (expansions) was, on average, significantly lower (higher) that the …