Several authors have proposed staggered wage bargaining as a way to introduce sticky wages into search and matching … a series of estimated shocks from US data into a search and matching model with sticky prices and wages. I compare the … implications of how the sticky wages enter into the hiring decision, and there seems to be a tradeoff between generating business …

Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired … employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a …

In recent publications it has been argued that the change of the skill structure of industrial employment is caused by … impact on the skill structure of domestic employment in favor of skilled labor. The empirical evidence for German …

productivity of the staff. Wages that optimize on the trade-off between the wage level and the productivity of the workforce are … known as selection wages. As men react more strongly to wage differ¬entials than females, the trade-off is more pronounced …

bargaining. It turns out that there is a strong tradeoff inherent in assuming that previously bargained sticky wages apply to new … hires. If sticky wages apply to new hires, then the staggered Nash bargaining model can generate realistic volatility in …. This finding is robust to including a microeconomically realistic degree of indexation of wages to inflation. The lack of a …

facts on labor’s share. I find that staggered bargaining in nominal wages best allows the model to plausibly match the …

offshoring mainly through changes in relative wages rather than changes in relative employment. This runs counter to the …

on the positive and negative effect of intra-firm exports and imports respectively, on aggregate employment. The former …

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two … important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We …) improve employment and welfare, (b) do not raise earnings inequality and (c) are self-financing. This criterion enables us to …

This paper examines the interactions between employment and training policies. Their effectiveness in stimulating … income and employment may be interdependent for various important reasons. For example, the more employment policies … stimulate the employment rate, the greater the length of time over which workers use the human capital generated by training …