antebellum fluctuations were more apparent than real; nominal wages, not labor quantities, did most of the adjusting. We analyze … data on real wages for laborers, artisans, and clerks across four regions (Northeast, North Central, South Atlantic, and … South Central) during 1821 to 1856. Various time-series econometric methods reveal that shocks to real wages persisted even …

We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark …

disorder (BD). Individual-level registry data from Denmark show that these disorders carry large earnings penalties, ranging …

three main results. First, the scheme has doubled the number of highly paid foreigners in Denmark relative to slightly less …

This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits … bonus of extra output as a result of a uniquely vertical European aggregate supply curve. The analysis of real wages also …

a wage equation. I reach the following two main conclusions: Nominal wages adjust faster to prices than prices do to … nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The …