can commit to wage contracts but cannot commit not to replace incumbent workers. Workers are risk averse, so that there …

We document substantial cross-sectional heterogeneity of German establishments' real wage cyclicality over the business … wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …

We document substantial cross-sectional heterogeneity of German establishments’ real wage cyclicality over the business … wages. We estimate a negative connection between establishments’ wage cyclicality and their employment cyclicality, thereby …

This paper provides a model that can account for the almost uniform staggering of wage contracts in some countries as … ; strategic substitutability ; wage contracts ; contract duration …

This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using … workers eventually filling the vacancies. We find that vacancy durations are negatively correlated with the starting wage and … that this negative association is particularly strong with the establishment component of the starting wage. We also …

transitions between labor status or jobs, whereas for those at the top, earnings changes are mainly induced by wage rate growth …

independence. In short, they climb the career ladder. Climbing the career ladder explains 50% of wage growth and virtually all of … rising wage dispersion. The increasing gender wage gap by age parallels a rising hierarchy gap. Our findings suggest that … wage dynamics are shaped by the organization of production, which itself likely depends on technology, the skill set of the …