A modification of existing sticky-wage models to account for the observed cyclical behavior of real wages by means of a …

A discussion of sticky nominal wages, showing that nominal income or price-level targeting policies result in smaller …

In this paper we use micro panel data to examine the effects of oil price shocks on employment and real wages, at the … the basis of skill level. We find that oil price increases result in a substantial decline in real wages for all workers … substantial changes in employment shares and relative wages across industries. However, we find little evidence that oil price …

This paper uses micro data to examine differences in the cyclical variability of employment, hours, and wages for … workers are subject to essentially the same degree of cyclical variation in wages. That is, relative offer wage differentials …

This article analyzes the effects of advance notice requirements on aggregate output, wages, employment, and welfare …

-wage region. In his essay. “Equalizing Regional Differences in Wages: A Study of Wages and Migration in the South and Other … similar workers in similar jobs, Cullison demonstrates that real wages are actually higher in the South than in most regions …