Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired … employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a …

The strong empirical regularity of higher wages in large establishments seems to be ubiquitous. It was first brought to … size-wage relationship using the Institut fuer Arbeitsmarkt und Berufsforschung (IAB) employment sample over the period … demonstrate that positive effects of firm size on wages persist after controlling for observed and unobserved worker and firm …

costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …

costs influence insider wages and outsiders' opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …

relative contraction in credit supply, associated with lower average wages and employment. These effects are heterogeneous … construct a novel dataset that links worker employment histories to firm financials and banking relationships in Germany. Firms … within and between firms. Within firms, initially lower-paid workers are more likely to leave employment, while initially …

controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple … aggregate or firm level) to firm's employment and wages cause downward bias in OLS regression estimates of RTT. We show that the … between 3.5% and 4.5% of wages at 20 years of tenure — over 80% (50%) of the estimated RTT level itself. The results extend to …

workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be … to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates that …

workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be … to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates that …