wage practices. We propose a simpler and more relevant approach ﾖ use matched employer/employee longitudinal data to … unemployment rate is one percentage point lower. Like most recent evidence on other aspects of wage cyclicality, our results …

This paper presents evidence that real wage cyclicality can be a particularly heterogeneous parameter, depending on …

Sectoral contracts in many European countries set wage floors for different occupation groups. In addition, employers … often pay a wage premium (or wage cushion) to individual workers. We use administrative data from Portugal, linked to … collective bargaining agreements, to study the interactions between wage floors and wage cushions and quantify the impact of …

dynamics of wages and unemployment under conditions of downward wage rigidity, where forward looking firms take into account …

same wage, regardless of tenure (equal treatment). In matched data the problem can be resolved by the inclusion in the … because a differential wage response to unemployment of new hires and incumbents will appear under both equal treatment and …

Using longitudinal employer-employee data spanning over a 22-year period, we compare age-wage and age … ages, wages increase in line with productivity gains but as prime-age approaches, wage increases lag behind productivity …-level productivity exceeds their contribution to the wage bill. On the methodological side, we note that failure to account for the …