We use matched firm - worker panel data from France and Norway to consider observationally equivalent alternatives to the hypothesis that firms share product market rents with their workers in the form of higher wages.

We examine the role of the Norwegian education system in explaining the moderate and stable earnings dispersion in Norway. Estimating earnings equations for 1980 and 1990, we find that returns to education have been remarkably stable in Norway, also when we compare returns to education across...

We use matched firm - worker panel data from France and Norway to consider observationally equivalent alternatives to the hypothesis that firms share product market rents with their neither the main statistical explanations nor sectoral shocks seem to be responsible for the observed correlation.

If worker performance is observable and contractible without cost, then why do we observe "Spencian", unproductive, education? We provide the following explanation. Say that the economy consists of several different sectors, and that agents are uncertain which of these sectors they are best fit...

We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under both Cournot and Bertrand competition.If unions are plant-specific, we find that a merger is more profitable than in a corresponding model with exogenous wages.

We present an econometric analysis of wage behaviour in Norway during the interwar years. Applying recently introduced GMM estimation methods to a newly constructed panel of manufacturing industry data, we find that the interwar years do not seem to be such an anomalous time period as has been...