facts can be explained by a search and matching model when firms are heterogenous with respect to productivity, are composed … can be characterized by a non-degenerate distribution of wages in which more productive firms pay more if employed workers … with respect to factor productivity. Finally, employment is lower in the dispersed wage equilibrium than in the single wage …

This paper consists of three parts. First, we briefly describe some key features of the labor market in Denmark, some … important aspect of the functioning and flexibility of the labor markets in Denmark: the high level of worker mobility. We show …

bargaining power of workers, leading to lower average wages. A key insight is that employers credibly refuse to pay high wages to … individual bargaining power, such as under a collective bargaining agreement or in markets with posted wages, greater … transparency has a muted impact on average wages. We test these predictions by evaluating the roll-out of U.S. state legislation …

. The major finding is that unionism substantively reduces within-establishment dispersion of wages, in part through … individual determination. Dispersion of wages between organized plants is reduced compared to dispersion of wages between … dispersion of wages within firms and in the economy as a whole …

anticipate considerably lower earnings in subsequent years, even under the assumption of continuous employment after leaving …

We study the short-term trajectories of employment, hours worked, and real wages of immigrants in Canada and the U … growth in employment and wages in the U.S. than in Canada. We further compare longitudinal and cross-sectional trajectories …

's assumption that wage bargainers are influenced by relative money wages rather than relative real wages. In Taylor's model money … that wage bargainers are influenced by relative real wages, which we consider somewhat more plausible, has some interesting …