younger and older workers increases more in slower-growing, older, and larger firms and in firms with higher mean wages, where …

anticipate considerably lower earnings in subsequent years, even under the assumption of continuous employment after leaving …

We document the sources behind the costs of job loss over the business cycle using administrative data from Germany … downturns. A large part of the long-term earnings losses and their cyclicality is driven by declines in wages. Key to these long …-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment …

comparisons and caused employers to bargain more aggressively, lowering average wages. Other pay transparency policies, without …

This paper examines gender differences in labor market outcomes for hard-to-employ youth in the US and West Germany … absolute terms, correcting for purchasing power. The relatively high employment rates of less educated German youth combined … with their relatively high wages raise the question of how they are successfully absorbed into the labor market. We present …

construct a general equilibrium model where workers' reservation wages and the maximum punishment acceptable before workers quit … an adverse signal, and establishing conditions under which equilibrium entails lowering wages (performance contracting …-strategy equilibrium. The economy is, in general, not efficient either in the selection of the form of equilibrium or the wages paid within …