Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in … relative wages as a consequence of labor market institutions, we argue that skill upgrading is more pronounced during downturns … employment of skilled labor and changes in the unemployment rate. Furthermore, we show that international outsourcing has played …

Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in … relative wages as a consequence of labor market institutions, we argue that skill upgrading is more pronounced during downturns … employment of skilled labor and changes in the unemployment rate. Furthermore, we show that international outsourcing has played …

We show that occupation mobility creates the illusion of cyclical hiring wages. Using administrative data, we find that … wages of new hires who remain in the same occupation are no more cyclical than those of existing workers, whereas wages of … same firm. Moreover, wage cyclicality increases, the more different current and previous occupations' required skills. Our …

Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in … relative wages as a consequence of labor market institutions, we argue that skill upgrading is more pronounced during downturns … employment of skilled labor and changes in the unemployment rate. Furthermore, we show that international outsourcing has played …

We investigate the cyclicality of real wages and income using individual data for the UK over the 1991-2008 period. By … recessions than in expansions for top-incomes. We also show that real wages and income are roughly a cyclical for low wage and …