factor shares turn in favour of wages, when unemployment falls. The only important prerequisite for this result is that money … wages are treated as downward rigid. The analysis remains valid when firms experience constant returns to labour in the … partly determined by the unemployment stock. As intuition says the share of wages in value added increases with the stock of …

performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis …

depressing effect on their relative wages through world goods prices. In contrast, in the Heckscher-Ohlin model with small open … economies, the skill-bias of local technological changes do not affect wages. Thus, pervasiveness deals with a major criticism … employed despite rising or stable relative wages. Second, increases in demand for skills were concentrated in the same …

This paper is the first to estimate the effects of minimum wages on the unemployment of refugee immigrants. The … collectively agreed minimum wages raise both the incidence of unemployment and days in unemployment considerably for male refugees … in Sweden; different estimation methods and models yield robust elasticities in the 1.8–2.0 range. The effects for young …

more layers are larger in size, in value added, and they pay higher wages. Firms are hierarchal in that lower layers have …/value added and decreases in mean firm wages (at pre-existing layers). The reverse holds for removing layers. This result also … holds for layer by layer mean size and wages for a majority of pre-existing layers. …