ones who earn low wages). Second, by raising the payoff of low-skilled work relative to skilled work, low-wage subsidies …

Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a … countervailing fall in reservation wages, leaving the present value of wage costs unchanged. Our analysis contradicts this …

This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly …

composition wages to the business cycle is considerably lower in Germany. …

We investigate the impact of offshoring on individual level wages and unemployment probabilities and pay particular … significant reduction in wages as materials offshoring increases, while permanent workers’ wages are unaffected or even tend to … effects on either wages or employment probabilities in manufacturing. In the service industries, workers are affected in terms …

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 …