, the government faces recruitment problems. The optimal steady-state wage premium depends mainly on the labour market … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … have mixed effects on unemployment. A wage shock raises the unemployment rate, while a reduction in the separations lowers …

There is considerable debate about the role of wage rigidity in explaining unemployment. Despite a large body of … empirical work, no consensus has emerged on the extent of wage rigidity. Previous attempts to empirically examine wage rigidity … have been hampered by small samples and measurement error. In this paper we examine nominal wage flexibility in Ireland …

This study analyzes real wage cyclicality for male full-time workers within employer-employee matches in Germany over … the period 1984-2004. Five different wage measures are compared: the standard hourly wage rate; hourly wage earnings … including overtime and bonus pay; the effective wage, which takes into account unpaid overtime; and monthly earnings, with and …

of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working … persistently affected, but the penalty on the hourly wage (and earnings) increases with experience, and attains roughly -6% ten …

model that is able to replicate these facts and thereby allows us to run counterfactual exercises. When we set the wage …

differential wage responses to economic shocks. We offer three explanations for these findings: An equilibrium search model, where …

a model is developed in which the labour market is described as a duopsony and the relation between wage and non … compensating differentials. In particular, while the wage dynamic related to workers shifting from a temporary contract to another … wage and commuting time persists, irrespective of the type of contract …

Economic conditions at the time of labour market entry can induce wage differentials between workers entering the … labour market at different points in time. While the existence and persistence of these entry wage differentials are well … area by analyzing the interaction between job mobility and entry wage differentials using German administrative data. The …