EMEs around the turn of the millennium, which signals increased competition and market contestability. …

We focus on the dynamic relation between wage increases, promotions and job changes. We relate our empirical analyses …-employee data Quadros de Pessoal. We conclude from finding significant serial correlation in wage increases and promotion rates that … competitive. Finally, we argue that employer-reported promotion relate to a large extent to wage increases rather than changes in …

This paper is the first to estimate the impact of a direct measure of firm-level upstreamness on productivity, wage … costs and profits (i.e. productivity-wage gaps). To do so, we merged detailed Belgian linked panel data, covering all years …

This paper is the first to estimate the impact of a direct measure of firm-level upstreamness on productivity, wage … costs and profits (i.e. productivity-wage gaps). To do so, we merged detailed Belgian linked panel data, covering all years …

model where firms first decide whether to invest in general human capital, then make wage offers for each others' trained … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …