the estimated parameter elasticities of wages with respect to labour productivity, value added and consumer prices, taxes … prices in the formation of wages in the seventies and eighties was taken over by labour productivity in the US and …

, Spain, France, the Netherlands and the US. Based on the estimated parameters, we derive time-varying elasticities of wages …

zero to positive correlation with changes in native wages and native employment, in aggregate and by skill group. We …

along with the US for the period 1980-2010. Apart from the contribution of productivity to wages, we take into account the … resulting from a wage bargaining model. We further study the downward rigidities of wages in depth. The findings show that in … steer wages, policy makers can effectively use the replacement rate …

aggregate trends, employment in initially middle-skill-intensive labor markets hollowed-out between 1980 and 2005. Employment … employment growth in lower-tail occupations. For college workers, employment losses at the middle were offset in roughly equal …

estimates obtained from vector auto regression (VAR) models consisting of hours, employment, output and wages in the … adjustment of output, productivity and employment in the manufacturing sector. Impulse responses are constructed using parameter … identified in 1995. Impulse responses are used to contrast the relative size of productivity, output and employment adjustments …