larger and pay higher wages in equilibrium, a pattern observed in the data. We calibrated the model using US data for 2004 … insurance increases average wages and aggregate productivity while reducing aggregate profits, ultimately having a positive …

In a simple one-sector, two-class, fixed-proportions economy, wages are set through axiomatic bargaining a la Nash …

A popular and highly politicized theme today is that US workers are falling behind as their real wages fall and income …, and at evidence on whether workers real wages have been falling, or perhaps only manufacturing wages. It also examines … seeing how real wages are changing over the recent past. The evidence here provides a perspective on why some analysts might …