. The model predicts that the higher the level of rigidity in wages and hours the lower are GDP per capita, employment, part … rigidity in wages and hours and a high level of income taxation has higher GDP per hour and lower GDP per capita than a country …

Positive assortative matching implies that high productivity workers and firms match together. However, there is almost …. This could be the result of a bias caused by standard estimation error. Using German social security records we show that …

, resulting in wages that workers deem unfair, along with adverse worker morale consequences in equilibrium. These insights reveal … the efficiency costs of subcontracting as an employer strategy to redress workers' demand for fair wages …

more need for layoffs and labour flexibility have lower wages in countries where stricter EPL protects workers from layoffs …-2005, particularly for wages of unskilled workers. However, we also find that where workers are well organised, they can take advantage … of EPL to secure higher wages …

Evidence during the nineties about the response of real wages to shocks highlights that this response is substantially …

The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing …, wages are likely to head upward as carriers' financial health returns. Such wage levels may or may not be sustainable in the …

wages increase by about 45%. The results are based on multiple instrumental variables, including firm-specific international … country: RS is weaker in firms with more women and less educated workers; RS involves an element of risk sharing, as wages … wages tend to reduce RS; and, while employer labour market power reduces wages, it increases RS. Overall, despite its …

influence their wages by exerting effort, myopic utility maximization directly implies increasing and concave shaped wage … profiles. Furthermore, employees get unhappier over time staying on a certain job although wages increase. Using data from 19 …