increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign …

We compile a novel database on average public and private sector wages and public-private wage differentials, which we … counter-cyclically, increasing during economic downturns, and increases prior to elections. Both private sector wages and … inflation respond positively to changes in public wages, albeit with significant heterogeneity in the effects across countries …

methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high … wages, and thus, on the labor market and the real economy, were limited until 1998, but have been quite significant …

for individual characteristics, local average human capital is positively correlated with individual wages, with estimated …

-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are … posted in equilibrium. What is unknown is when we get two wages, and which wages are actually posted. For an example with K … combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …

of trade on relative wages. …