The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …

care about their relative wages, and show that the presence of a relative wage concern could help generation a positive …

the distribution of hourly wages and household income. Wage inequality, measured by the ratio of wages in the 90th and 10 …. For young workers, aged under 25, the effects were far greater, with a 24 percent reduction in the ratio of wages in the …

The need to protect the wages earned by the worker had been felt from the early years of the 20th century. Workers had … consideration of the government. Imposition of fines by employers on workers and deduction of double amount of wages for absence …

the macroeconomic level, we draw special attention to the important distinction between product and consumption wages … changes in the distribution of hourly wages between 1990 and 1997 and analyze the economic factors determining these changes …