is nevertheless important for the level and dynamics of wages over the life cycle because of the incentives it indirectly … profile of wages, their dispersion, and their composition in terms of fixed and variable (performance) pay. The model admits …

Using panel data from 23 OECD countries, I document that wages grow more over the life-cycle in countries where job …-to-job mobility is more common. A life-cycle theory of job shopping and accumulation of skills on the job highlights that a more fluid …

for a dramatically lower percentage of total variation in benefits than in wages. We also document sharply higher between …-firm variation in nonwage benefits than in wages. We argue that this pattern can be a consequence of nondiscrimination regulations … labor markets positively predicts their colleagues' benefits, controlling for occupation, wages, state, and industry. We …