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 …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group …

implications of exchange rates, reporting that industry wages are significantly more responsive than industry employment. We offer … the main mechanism for exchange rate effects on wages occurs through job turnover and the strong consequences this has for … the wages of workers undergoing such job transitions. By contrast, workers who remain with the same employer experience …

wages by 3 to 4 percent …

Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … primary conclusions emerge. First, both participation and unemployment must be considered in any analysis of cyclical changes … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …

: generating a sufficient number of jobs at reasonable wages to absorb their rapidly growing populations into productive employment … of the principal effects of population growth on labor supply and employment in the developing economies of the world. On … population growth, labor supply, employment shifts, and growth of output per worker are presented and discussed.The key result of …

-defined negative causal relationship from wages to employment with the features of a conventional labor demand function. Using …Two propositions figure prominently in explanations for Britain's comparatively low growth in employment: first, the … wage-setting mechanism is insufficiently responsive to the growth of unemployment and, second, there exists a well …

find no significant difference in the wages of workers in Miami relative to its control after 1980. We also show that by …