This paper studies the impact of outsourcing on individual wages in three European countrieswith markedly different labour market institutions: Germany, the UK and Denmark...

This paper provides unheard direct evidence that comparisons exert a significant effect onsubjective well-being. It also evaluates the relative importance of different types ofbenchmarks...

Firms hiring fresh graduates face uncertainty on the future productivity of workers. Intuitively,one expects starting wages to reflect this. Formal analysis supports the intuition...