to the conventional view that labor costs are procyclical. Using BLS establishment-job data, we find that even real wages …, the main focus of prior literature, have become countercyclical. Benefit expenditures are less rigid than nominal wages …

unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of …

prior estimates by including ripple effects beyond the wages earned or taxes paid directly by migrants. The sharp reduction …

economic analysis. I check this assertion by analyzing wages and status within the firm, with status measured as the worker …

face of higher migration costs, only immigrants with relatively high expected benefits of migration will choose to migrate …

unionized employees in North America are women. While early studies of unions and inequality focused on males, recent studies … examine both and reveal striking gender differences. A consistent - and puzzling - finding is that unions reduce wage …, unions reduce economy-wide wage inequality by less than 10% in both countries. However, union impacts on wage inequality are …

market consequences. We use the Synthetic Control Group Method (SCGM) and the Quarterly Census of Employment and Wages (QCEW …) to estimate the causal effect of mandated sick leave on employment and wages. Our findings do not provide much evidence … that employment or wages were significantly affected by the mandates which typically allow employees to earn one hour of …