explaining earnings instability. To study the evolution over time of these different components we extract two estimation samples …

-to-job transition rates - is an important driver of real wages. Intuitively, workers are better placed to move or bargain for increases … in wages, hours or promotions when they have more outside options, namely other employers who want to hire them. I test … markets are associated with higher wages growth, including for those who stay in their jobs. A 1 percentage point increase in …

wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and …

relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable share of wage …

on whether it actually matters for wages, and if it does, what are the underlying mechanisms. We empirically examine … successfully find a job in a competitive market) to potential employers, resulting in lower wages; and 2) there exists a trade …-off between wages and search efficiency for quicker entry into local labor market. We also find some evidence that the informal …