limited network connections. The model implies that essentially similar workers can have markedly different wages and further … that the inequality of wages is partly explained by variations in the sizes of workers' networks. Our results indicate that … wages. We also show that reasonable differences in the average number of links between blacks and whites can explain the …

explaining earnings instability. To study the evolution over time of these different components we extract two estimation samples …

How do employers attract the right workers? How important are posted wages vs. other job characteristics? Using data … from the leading job board CareerBuilder.com, we show that most vacancies do not post wages, and, for those that do, job …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

-to-job transition rates - is an important driver of real wages. Intuitively, workers are better placed to move or bargain for increases … in wages, hours or promotions when they have more outside options, namely other employers who want to hire them. I test … markets are associated with higher wages growth, including for those who stay in their jobs. A 1 percentage point increase in …