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 …

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

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 …

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 …

piece-rate wage, we investigate the causal effect of neutral and gender-discriminatory unfair chances on labor supply. We … randomize workers into treatments where we control relative pay and chances to receive a low or a high wage. Chances can be fair …, unfair based on an unspecified source, or unfair based on gender discrimination. Unequal pay reduces labor supply of low-wage …

, search for employers, and residual wage shocks to account for these life cycle wage dynamics. We highlight the importance of … largest part of life cycle wage dynamics. It accounts for 50% of average wage growth, 50% of rising differences between gender …

The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced …

sector and an informal sector which absorbs unemployed workers at a flexible wage rate. In this set up greater education for …

This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and … lifecycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of … search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage …