In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level …

wages to prevent them to quit. Similarly, workers with a high layoff probability give up some of their wage to prevent them … may be related to downward wage rigidity. While it is easy to renegotiate higher wages to prevent quits, it is much more … difficult to renegotiate lower wages to prevent layoffs even if that would overall be beneficial to the workers involved …

setting minimum wages at the contract level. Using an instrumental variable strategy and exploiting variations in contract …-level exposure to trade, we find for the 1995-2003 period that, on average, the surge in imports decreased contractual minimum wages … effect contrasts with a nonsignificant effect of trade on total wages, with the latter becoming positive and large only for …

. These patterns change over the worker's post-displacement period - the negative displacement effect on wages becomes more …

impact on the individuals' wages one year after graduation. However, there appears to be a partial catchup towards luckier …

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 …

We propose a simple test that uses information on workers' mobility, wages and firms' profits to identify the sign and … agents' payoffs are increasing in their own types, our test exploits within-firm variation on wages to rank workers by their …