wages, but some studies using Norwegian micro data have estimated a negative effect of higher immigration for some type of … workers. In this paper, to capture that the wage setting is highly coordinated in Norway, we model a system of native wages … impact on wages has been in the private service industries. Immigration is found to be exogenous with respect to the …

wages, but some studies using Norwegian micro data have estimated a negative effect of higher immigration for some type of … workers. In this paper, to capture that the wage setting is highly coordinated in Norway, we model a system of native wages … impact on wages has been in the private service industries. Immigration is found to be exogenous with respect to the …

How costly is inflation to workers? Answers to this question have focused on the path of real wages during inflationary … periods. We argue that workers must take costly actions ("conflict") to have nominal wages catch up with inflation, meaning … there are welfare costs even if real wages do not fall as inflation rises. We study a menu-cost style model, where workers …