-specific inputs in production. In an equilibrium model of the U.S. labor market, we examine the responses of employment and wages to …

three reforms have positive short-run and long-run effects on employment, wages, and output. The quantitative effects of the …) and ii) taken together increase employment by 1.6 percent, potential output by 1.5 percent, real hourly pre-tax wages in … the low-wage sector by 3 percent, and real hourly pre-tax wages of women with children by 2.7 percent. The two reforms …

rationalize our findings, we build an on-the-job search model with heterogeneous firm productivity and commuting distances. Our … model predicts a joint recovery of wages and commuting despite a static tradeoff between the two attributes. …

This paper examines evidence on wage spillovers from workers with experience in foreign multinational enterprises (MNEs … for such spillovers across the wage distribution using quantile regressions. I begin by using existing methodology and … positive spillovers for incumbent workers in the top 40 percent of the wage distribution only. This indicates that foreign MNEs …

global value chains (GVCs) on labour market outcomes. Due to the complex nature of GVCs and the interconnectedness of wages …, employment, and productivity, many direct and indirect effects are at play. To ensure a transparent and systematic flow of the …