Capital deepening may affect the evolution of the wage differential between skilled and unskilled workers differently … in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled …. Instead in the US, where wage-compressing institutions are weaker, firms invest more in high-skilled workers. We provide …

employment, the two types of unemployed workers have different threat points, which delivers equilibrium wage dispersion. Most of …-entitlement effect in France lowers by 10% the rise in the wage and by 13% the rise in unemployment following a 10% increase in benefit …

This study investigates institutional and economic reasons for downward wage rigidity regarding three occupational … indicate that labour union contracts and implicit contracts are important reasons for wage rigidity for the (less) skilled …

compete for the same candidate can increase their wage offers as often as they like. We show that there is a unique …

, union density and coordination in wage bargaining is low. The above financial variables have no effect otherwise. Increasing …

-employer bargaining, single-employer bargaining has a positive effect both on wage levels and on wage dispersion in Belgium and in Denmark …. In Spain, single-employer bargaining also increases wage levels but reduces wage dispersion. Our interpretation is that …, it is mainly used by trade unions in order to compress the wage distribution …