Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are …

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

differential wage responses to economic shocks. We offer three explanations for these findings: an equilibrium search model, where …

This study investigates institutional and economic reasons for downward wage rigidity regarding three occupational … indicate that labour union contracts and implicit contracts are important reasons for wage rigidity for the (less) skilled …

Capital deepening may affect the evolution of the wage differential between skilled and unskilled workers differently … in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled …. Instead in the US, where wage-compressing institutions are weaker, firms invest more in high-skilled workers. We provide …

Economic conditions at the time of labour market entry can induce wage differentials between workers entering the … labour market at different points in time. While the existence and persistence of these entry wage differentials are well … area by analyzing the interaction between job mobility and entry wage differentials using German administrative data. The …

income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap …