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 …

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 …

have been shown to enhance contract enforcement in these markets, while at the same time generating considerable wage and … interactions, suggesting that it may aggravate price rigidities. Surprisingly, reputation in fact weakens the wage and price …

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 …

positive compensating wage differentials that would otherwise be paid. Specifically, we ask whether industries with relatively …

This paper investigates inter-industry wage differentials in Belgium, taking advantage of access to a unique matched … employer-employee data set covering the period 1995-2002. Findings show the existence of large and persistent wage … hypothesis that workers with better unmeasured abilities are over-represented in high-wage sectors may not be rejected on the …

job search model how the combined assumptions of on-the-job search and wage renegotiation by mutual consent act as a … quantitatively plausible quot;internal propagation mechanismquot; of i.i.d. productivity shocks into persistent wage shocks. The … model suggests that wage dynamics should be thought of as the outcome of a specific acceptance/rejection scheme of i …