knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and … unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime …

natives' wages, and that skilled immigration can actually increase them. We develop a model with regional labor markets and … but skill-biased on aggregate, skilled immigration can increase absolute and relative skilled wages. Therefore, firm … natives' wages. …