This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits … bonus of extra output as a result of a uniquely vertical European aggregate supply curve. The analysis of real wages also …

a wage equation. I reach the following two main conclusions: Nominal wages adjust faster to prices than prices do to … nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The …

reexamine the effects of trade unions both on relative wages and on relative man hours worked.Our estimates of the relative wage …

sensitivity of employment to the domestic price of imports varies significantly across these nine sectors, whereas industry wages … of unemployment and wages so generated and the actual, historical paths are attributed to the effects of import … in wages in two industries, among the nine studied …

Economic growth in Europe and Asia and Latin America could have contri- buted in many different ways to lower wages and … price reductions twist the labor demand curve, dictating lower real wages for unskilled workers who reside in communities … with abundant unskilled labor but raising the wages for unskilled workers who are fortunate to live in communities …

bargaining power of workers, leading to lower average wages. A key insight is that employers credibly refuse to pay high wages to … individual bargaining power, such as under a collective bargaining agreement or in markets with posted wages, greater … transparency has a muted impact on average wages. We test these predictions by evaluating the roll-out of U.S. state legislation …

-commerce firm's fulfillment centers reduces traditional retail workers' income in geographically proximate counties by 2.4%. Wages …

The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable … discontinued growth in female labor supply and wages since the 1990s is a consequence of growing inequality. Our hypothesis is that … their participation and wages. We show that the slowdown in participation and wage growth was concentrated among women …

Using panel data from 23 OECD countries, I document that wages grow more over the life-cycle in countries where job …