interdependencies are taken into account and matching procedures are applied, the outcome matches to that of independent and unmatched …

Using employer-employee data from Germany, this paper analyzes the relationship between wages and past and … business cycle. The results are mixed: On the one hand, the data suggest that wages depend on labor market conditions when a … contemporaneous wages through the evolution of match quality over a worker's job history - the main hypothesis of the on …

Inaccurate expectations of future wages are found in many contexts. Yet, existing studies overwhelmingly refer to high …

workers' wages and to explore the factors that contribute to the existence of such mismatch among workers with higher …

I develop a matching model with heterogeneous workers, firms, and worker-firm matches, and apply it to longitudinal … truncated. I test predictions from the matching model using data from the Longitudinal Employer-Household Dynamics (LEHD … structures, including the martingale hypothesis implied by the learning process. I find considerable support for the matching …