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 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 …

worker and firm heterogeneity. I find that minimum wages up to 70% of the median wage significantly increase productivity … the minimum wage cuts deep into the wage distribution. I show that gradually implementing a high minimum wage is necessary …

labor demand. Tightening eligibility to short-time work benefits tends to reduce the wage while the impact on unemployment …

firm with stochastic product demand and hiring cost (= irreversible specific investments). There is wage bargaining between …

We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees …. Greater intensity does not necessarily have the same consequences, because wage adjustments counteract the initial level … impact. The firm's response additionally depends on the wage-dependency of dismissal costs since such costs make an …

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