, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to …

of wages. Our model accounts for endogenous participation and mobility decisions. We find that firm-specific permanent … productivity shocks transmit to individual wages, but the effect is mostly concentrated among the high-skilled workers; firm …

of wages. Our model accounts for endogenous participation and mobility decisions. We find that firm-specific permanent … productivity shocks transmit to individual wages, but the effect is mostly concentrated among the high-skilled workers. For low … one-third higher relative to a scenario with no pass-through of firm shocks onto wages. …

profile to implicitly borrow from their workers. We find that firms located in less financially developed markets offer wages …

We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption …

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … emphasis on cross-country comparisons. Most, but not all, countries experienced substantial increases in wages and earnings …