, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of …

How are wages set in an open economy? What role is played by demand pressure, international competition, and structural … factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages … equation on data for aggregate manufacturing wages in Denmark, Finland, Norway, and Sweden from the mid 1960s to the mid 1990s …

firm effects from a two-way fixed effects decomposition of workers’ wages by Card, Heining, and Kline (2013) document that …

profit. Setting up a model that allows for profitable and loss-making affiliates of multinationals, we show that profit … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit …

models, in which “unwarranted” wages changes and the return on capital are endogenously determined, do not necessarily …

Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while …