Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

the quality of the work found by the unemployed. This quality rise, in terms of both wages and duration, can be achieved …

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