explains the contrast between the United States, where real wages fell over the 1980s and aggregate employment expanded … vigorously, and Europe, where real wages were (roughly) constant and employment was stagnant. We test this hypothesis by … comparing changes in wages and employment rates over the 1980s for different age and education groups in the United States …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group …

wages by 3 to 4 percent …

implications of exchange rates, reporting that industry wages are significantly more responsive than industry employment. We offer … the main mechanism for exchange rate effects on wages occurs through job turnover and the strong consequences this has for … the wages of workers undergoing such job transitions. By contrast, workers who remain with the same employer experience …

: generating a sufficient number of jobs at reasonable wages to absorb their rapidly growing populations into productive employment … of the principal effects of population growth on labor supply and employment in the developing economies of the world. On … population growth, labor supply, employment shifts, and growth of output per worker are presented and discussed.The key result of …