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 …

by employers or differences in productive capacities between men and women. We note that where piece-rate work is … performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis … of gender because one is paid for what one produces. With this as our point of departure, we compared men and women …

by employers or differences in productive capacities between men and women. We note that where piece-rate work is … performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis … of gender because one is paid for what one produces. With this as our point of departure, we compared men and women …

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 …

Numerous studies on firm-level data have reported higher average wages in foreign-owned firms than in domestically … individual wages, controlling for individual and firm heterogeneity as well as for possible selection bias in foreign … negative effect on wages. …

responsibility and fringe benefits. …

with an agency model in which entrenched managers pay high wages because they come with private benefits, such as lower … (votes) than all other blockholders together, pay their workers about 6%, or $2,200 per year, higher wages. Since cash flow …