reflects the congestion externalities predicted by the search literature. Also, holding wages constant, an increase in the …

In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level … with establishment-specific value added, whereby hires react by more than separations. Our estimation results point towards …

In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level …

these developments, along the dimensions of the static and dynamic theory of labour demand, wage formation, and estimation …

implications of exchange rates, reporting that industry wages are significantly more responsive than industry employment. We offer … the main mechanism for exchange rate effects on wages occurs through job turnover and the strong consequences this has for … the wages of workers undergoing such job transitions. By contrast, workers who remain with the same employer experience …

implications of exchange rates, reporting that industry wages are significantly more responsive than industry employment. We offer … the main mechanism for exchange rate effects on wages occurs through job turnover and the strong consequences this has for … the wages of workers undergoing such job transitions. By contrast, workers who remain with the same employer experience …