Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

of British cross-sectional micro data of observations on male wages and employment from the mid-1970s to the mid-2000s … of labour. But, existing studies of the impact of immigration on the wages of native-born workers in the UK (e … an increase in immigration reduces the wages of immigrants relative to natives. We show this using a pooled time series …

labor share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …

expected to have only small allocational consequences and that measures of base wages are more useful in drawing conclusions …

countries in terms of education, earnings, and employment. …