differences is that Southern European workers are less likely to find employment following displacement. Loss of employer …

decline of profitability and employment in manufacturing, and simulated using annual data from 1950 to 1979. The wage …

explains the contrast between the United States, where real wages fell over the 1980s and aggregate employment expanded … vigorously, and Europe, where real wages were (roughly) constant and employment was stagnant. We test this hypothesis by … comparing changes in wages and employment rates over the 1980s for different age and education groups in the United States …

The process of matching between firms and workers is an important mechanism in determining the distribution of wages …

substantial in all countries, robust to controlling for a large set of sociodemographic, employment, psychological, and behavioral …

micro panel data drawn from administrative records; it fully exploits the longitudinal dimension of the underlying datasets …