occupation switchers are highly cyclical. We uncover higher wage cyclicality also among workers who switch occupations within the … same firm. Moreover, wage cyclicality increases, the more different current and previous occupations' required skills. Our … quality in worker's occupation, rather than wage flexibility. …

We use representative payroll data from Great Britain to document novel facts about nominal wage adjustments, focusing …. Unusually, these payroll-based data also report the wage rates of hourly-paid employees. A quarter of these workers typically … see no change in their wage rates from one year to the next in the same job, and very few experience wage cuts. We exploit …

This paper studies a labor market with directed search, where multi-worker firms follow a firm wage policy: They pay … equally productive workers the same. The policy reduces wages, due to the influence of firms’ existing workers on their wage … applications, I first show that firm wages dampen wage variation over the business cycle, amplifying that in unemployment, with …

recessions than in expansions for top-incomes. We also show that real wages and income are roughly a cyclical for low wage and …

: workplace skill segregation, gradual promotions, wage increases that have no relation with productivity and downward wage … considered in their theoretical and empirical models. -- envy ; interdependent preferences ; skill segregation ; wage dynamics … ; wage dispersion ; internal labor market ; recursive contracts …

Built upon data from 11 subsequent waves of yearly wage surveys carried out by the National Labour Center in Hungary …

, the government faces recruitment problems. The optimal steady-state wage premium depends mainly on the labour market … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … have mixed effects on unemployment. A wage shock raises the unemployment rate, while a reduction in the separations lowers …

, the government faces recruitment problems. The optimal steady-state wage premium depends mainly on the labour market … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … have mixed effects on unemployment. A wage shock raises the unemployment rate, while a reduction in the separations lowers …