determined wages. The novelty is to incorporate investment and capital decisions by firms. The subgame-perfect Nash equilibrium … and its comparative statics for wages, capital stock and employment are characterized in various cases. The model is then … describing the determination of capital stock, wages and hours of work performs reasonably well; there are no obvious signs of …

1990, we find that at the urban level richer diversity is systematically associated with higher average nominal wages for … the positive correlation between wages and diversity survives a battery of robustness checks, it seems to be larger once … wages. Comparing real and nominal wages across cities, we interpret these results as evidence that diversity enhances …

following arrival, wages of highly skilled immigrants grow at 8% a year. Rising prices of skills, occupational transitions …, accumulated experience in Israel and economy-wide rise in wages account for 3.4, 1.1, 1.5 and 1.4% each. In the long run, the … average wages of immigrants approach but do not converge to the wages of comparable natives. The main reason for that is the …

explored with the aid of some elements of game theory. It is shown: (a) how labour unions optimally adjust wages to prices …

foreign sector. It is also assumed that wages are not only indexed to the price level, but also respond to the state of the … informational content to wages, over and above the information conveyed by other aggregate prices. The optimal policy in this model … wages are only partially correlated signals about the unobserved disturbances. …