occupation switchers are highly cyclical. We uncover higher wage cyclicality also among workers who switch occupations within the … same firm. Moreover, wage cyclicality increases, the more different current and previous occupations' required skills. Our … quality in worker's occupation, rather than wage flexibility. …

Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity … within an intertemporal framework in which DNWR not only prevents nominal wage cuts but also induces firms to compress wage … increases. We analyze whether a compression of wage increases occurs when DNWR is binding by applying Unconditional Quantile …

This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the … simulate the magnitude of wage changes within the respective skill groups that would have been necessary to halve skill …

occasionally renegotiated. We argue that one source of the wage flexibility puzzles is plausibly the model for the determination of … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

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