We explore the role of real wage dynamics in a New Keynesian business cycle model with search and matching frictions in … positively correlated. Introducing real wage rigidity leads to a negative correlation, and increases the magnitude of labor … market flows to more realistic values.However, inflation dynamics are only weakly affected by real wage rigidity.This is …

for median weekly earnings growth into the part associated with the wage growth ofpersons employed at the beginning and … end of the period (the wage growth effect) and the part associated withchanges in the composition of earners (the … tight job switchers get high wage increases,making them account for half of the variation in median weekly earnings growth …

: by offering a generous wage and by giving attention. Contrary to the traditional gift-exchange hypothesis, we show that … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …

We investigate the relationship between exporting, importing, and wage premia using a richmatched employer … set of worker- and firm-levelobservable and unobservable characteristics to the wage gap, and (ii) by controlling for … firm size and sales are, todifferent extents, important components of the wage gap both for exporters and importers …

of low skilled workers for U.S. states. We further show that immigration increases the wage inequality between workers of … different skill levels in all states, and that the effect of immigration on wages and wage inequality varies systematically with …

spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on … control over the profitable employment of their human capital than wage employees. …

relatively general. Applying human capital theory, we expect higher wage growth for full-time educated auditors than for dual …