This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the … employment level is controlled by firms. The firms ' superior information about profitability conditions is responsible for this … form of contract governance. Under plausible assumptions, such agreements will cause employment to diverge from efficiency …

Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …

labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the … period 1987-2001, we find that the substantial immigration of the 1990's had no adverse effects on native wages and … employment levels. It had instead adverse employment and wage effects on previous waves of immigrants. This stems from the fact …

, will have large effects on the pattern of employment across different sectors of the economy and will require a substantial …

. Using official county-level voting data and a variety of OLS and TSLS models, we find that increases in wages and employment … increases in employment lead to less use of the media and reduced political knowledge, and present associational individual …

I revisit the General Theory's discussion of the role of wages in employment determination through the lens of the New … Keynesian model. The analysis points to the key role played by the monetary policy rule in shaping the link between wages and … employment, and in determining the welfare impact of enhanced wage flexibility. I show that the latter is not always welfare …

literature for over thirty years. The wages and employment o typographers are examined to see whether they can be usefully … characterized as the outcome of a process by which the union maximizes an objective function containing wages and employment and is … wages and employment of these workers compared with our more general formulation …

-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 …'s employment record cannot be drawn from aggregate data …

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

, we find increases in wages, employment and firm-creation, especially in high-skilled manufacturing and knowledge … increased their employment within 20 minutes of commuting time from the border by four to five percentage points. The increased … inflow was constituted of highly-educated workers and it was associated with an increase in wages for highly-educated Swiss …