In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract … models imply that it is Pareto optimal for risk neutral firms to provide insurance to risk averse workers against shocks …. Using matched employer-employee dataset, I adopted the estimation strategy proposed by Guiso et al. (2005) to evaluate wage …

In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract … models imply that it is Pareto optimal for risk neutral firms to provide insurance to risk averse workers against shocks …. Using matched employer-employee dataset, I adopted the estimation strategy proposed by Guiso et al. (2005) to evaluate wage …

In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract … models imply that it is Pareto optimal for risk neutral firms to provide insurance to risk averse workers against shocks …. Using matched employer-employee dataset, I adopted the estimation strategy proposed by Guiso et al. (2005) to evaluate wage …

In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract … models imply that it is Pareto optimal for risk neutral firms to provide insurance to risk averse workers against shocks …. Using matched employer-employee dataset, I adopted the estimation strategy proposed by Guiso et al. (2005) to evaluate wage …

In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract … models imply that it is Pareto optimal for risk neutral firms to provide insurance to risk averse workers against shocks …. Using matched employer-employee dataset, I adopted the estimation strategy proposed by Guiso et al. (2005) to evaluate wage …

aggregate demand shocks. Wage flexibility in response to energy price shocks guarantees workers higher real wages without …