Standard economic and compensation theories suggest that voluntary turnover should decline when a firm pays wages that … support this prediction. Using a fixed effects estimator to control for job-specific characteristics, I find that the wages … elasticity of turnover with respect to alternative wages indicate that higher wage rates do not pay for themselves through lower …

, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers' bargaining power to be in line with their share in the …

This article explores whether a relationship exists between the skill shortages that a market faces, and the wages in … that workers in markets with higher levels of skill shortages receive higher wages, although this effect is minimal. For …

it did not narrow the gender gap in pre-layoff wages. Our results suggest that reduced pay flexibility may help displaced …

firms to pay differentially high wages. We estimate individual worker hold-up power by occupation using the effect of worker … permanent firm productivity innovations to wages, supporting the main model predictions. Accounting for heterogeneity in hold …) hold-up power decreases the responsiveness of wages to labor market slack …

setting wages and determining work amenities. In the administrative data, we causally examine through which channels unions … depending on the age at which workers enroll. In addition, we show that focusing on a restricted set of outcomes, such as wages …

setting wages and determining work amenities. In the administrative data, we causally examine through which channels unions … depending on the age at which workers enroll. In addition, we show that focusing on a restricted set of outcomes, such as wages …

setting wages and determining work amenities. In the administrative data, we causally examine through which channels unions … depending on the age at which workers enroll. In addition, we show that focusing on a restricted set of outcomes, such as wages …