how wages adjust to unfavorable product demand shocks that raise the risk of displacement through firm closing, and to … Portugal, the estimation results suggest that, under the existence of noncompetitive rents, the fear of job loss leads workers … to adverse shocks due to their inability to adjust wages downward. Indeed, minimum wage restrictions were seen to …

Tarifverhandlungssysteme dargestellt und erörtert sowie die Verbindung zwischen Lohn- und Produktivitätsentwicklungen (in Bezug auf nominale …

The issue of wages has attracted particular attention at European level since the onset of the economic crisis. Changes … different systems and levels of minimum wages in Europe at present, carrying out an accounting exercise through a hypothetical …

average human capital stock in a region on individual wages, considering regional human capital as a local public good. Indeed … statistically significant coefficient in an augmented Mincer specification. However, the impact on individual wages completely …

effects of tenure and especially of experience on wages decreased over time. We adopt the Machado-Mata (2005) counterfactual … dispersion of wages. …

This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing … importance of foreign wages versus domestic productivity developments in an open environment. We find that trade is not an … important driver of wages, since the wage response to trade is small. Moreover, in line with the Stolper-Samuelson reasoning …