their employees’ wages. Within five years of the appointment of a business manager, wages decline by 6% and the labor share …

This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns …

increasing the productivity of less-skilled workers, thus implying less skill-biased technical change in Europe than in the U.S. …

increasing the productivity of less-skilled workers, thus implying less skill-biased technical change in Europe than in the U.S …

wages are determined by continuous bargaining between the firm and its employees. The model generates a non … facts about the joint distribution of firm size, firm growth, and wages in the U.S. economy. We also conduct a numerical … unemployment ratio to a shock to labor productivity can be somewhat more persistent than in the Mortensen-Pissarides benchmark …

wages are determined by continuous bargaining between the firm and its employees. The model generates a non … facts about the joint distribution of firm size, firm growth, and wages in the U.S. economy. We also conduct a numerical … unemployment ratio to a shock to labor productivity can be somewhat more persistent than in the Mortensen-Pissarides benchmark …