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 … unequal treatment …

-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …

Recent dynamic contracting models of downward real wage rigidity with "equal treatment" – newly hired workers cannot … they joined the establishment from unemployment. This is supportive of equal treatment. We also show that a four parameter … version of the equal treatment contracting model of Snell and Thomas (2010) can replicate reasonably well the salient time …