such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as …

such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as …

We document substantial cross-sectional heterogeneity of German establishments' real wage cyclicality over the business … wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …

We document substantial cross-sectional heterogeneity of German establishments' real wage cyclicality over the business … wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …

We document substantial cross-sectional heterogeneity of German establishments’ real wage cyclicality over the business … wages. We estimate a negative connection between establishments’ wage cyclicality and their employment cyclicality, thereby …

This paper analyzes the effects of different wage cyclicalities on labor market flow dynamics at the establishment … level. We derive a model that allows for heterogeneous wage cyclicalities across firms over the business cycle and confront … with theory, establishments with more procyclical wage movements over the business cycle have a more countercyclical hires …

model that is able to replicate these facts and thereby allows us to run counterfactual exercises. When we set the wage …

model that is able to replicate these facts and thereby allows us to run counterfactual exercises. When we set the wage …

Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … that wage cyclicalities are very heterogeneous across establishments. Based on this heterogeneity, we estimate the … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …

Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … that wage cyclicalities are very heterogeneous across establishments. Based on this heterogeneity, we estimate the … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …