1976. I find that regional wages decline between 1962 and 1968, before returning to their pre-shock level 15 years after …. While regional wages recovered, this particular supply shock had persistent distributional effects. By increasing the …

earn less than twice the minimum wage. Our estimate for the elasticity of gross labor income with respect to the marginal … net-of-income-tax rate is around 0.2, while we find no response to the marginal net-of-payroll-tax rate. The elasticity …-tax schedule, combined with sticky posted wages (i.e., the gross labor income minus payroll taxes divided by hours worked). Finally …

, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of … aggregate employment. -- structural models ; heterogeneous firms ; fair wages ; labour market imperfections ; exporter wage …