We examine whether income and unemployment risks are compensated by individual wages. Using a portfolio approach we … show that the marginal income risk effect on wages is always positive whereas the marginal unemployment risk effect …

externalities. This paper uses OECD data to distinguish these effects. While wages have become more sensitive to changes in the …

relationship between latent sector and wages. I apply the method in the "PNAD", a nationwide representative Brazilian cross …

economic conditions at the time of hiring on future wages. Measured by the labor's user cost, the price of labor is …

This paper analyses the influence of norms of fairness on wage formation. Fairness is defined by "real-wage" and … "relative-wage" norms that relate wage offers to workers' own current wage and to the wages of other groups of workers, and, to … avoid shirking, firms pay fair wages. The wage norms change endogenously, and the result is hysteresis with respect to both …

signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who …

relationship between health and wages. Our results provide empirical evidence of measurement error in the self-reported health … variable when estimating its impact on wages for men, and of selectivity bias in wages for both men and women. We also show … (and largest) among older workers (50-64 years old). Instead, during the GR the positive impact of health on wages …