The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …

to maintain their real wages by reducing labor demand still further. Furthermore, we argue inflationary pressures have …

Italy. In particular, the existence of high wage floor -- either set through statutory minimum wages or by collective …

's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …

This paper explores the short and long run effects of career interruptions on wages for young skilled workers in West …

's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of … unemployment. We conclude that it is reasonable to view the wage curve as an empirical law of economics. -- wages ; unemployment …

This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … provides an interesting perspective on how reservation wages change over time and how they correlate with accepted wage offers …

underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany …-wage firms, would not be viable at current wages. …