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Financial markets and wages

Michelacci, Claudio; Quadrini, Vincenzo - In: The review of economic studies 76 (2009) 2, pp. 795-827

Persistent link: https://www.econbiz.de/10003828237

Borrowing from employees: wage dynamics with financial constraints

Michelacci, Claudio; Quadrini, Vincenzo - 2005

Persistent link: https://www.econbiz.de/10002950945

Borrowing from employees : wage dynamics with financial constraints

Michelacci, Claudio; Quadrini, Vincenzo - In: Journal of the European Economic Association 3 (2005) 2/3, pp. 360-369

Persistent link: https://www.econbiz.de/10003016674

Financial markets and wages

Michelacci, Claudio; Quadrini, Vincenzo - 2005

Persistent link: https://www.econbiz.de/10002572168

Financial Markets and Wages

Michelacci, Claudio - 2010

We study a labor market equilibrium model in which firms sign optimal long-term contracts with workers. Firms that are financially constrained offer an increasing wage profile: They pay lower wages today in exchange of higher wages once they become unconstrained and operate at a larger scale. In...

Persistent link: https://www.econbiz.de/10012762524