Recent U.S. evidence suggests that the response of the labor share to a productivity shock is characterized by countercyclicality and overshooting. These findings cannot be easily reconciled with existing business cycle models. We extend the standard model of search and matching in the labor...

Pay and European integration / David Marsden and Jean-Jacques Silvestre -- The internal market and relocation strategies / Daniel Vaughan-Whitehead -- European economic integration from the standpoint of Spanish labour market problems / Jos(c)♭ Luis Malo de Molina and Pilar Garc(c)Ưa Perea --...