wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …We document substantial cross-sectional heterogeneity of German establishments' real wage cyclicality over the business … cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical …

wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …We document substantial cross-sectional heterogeneity of German establishments' real wage cyclicality over the business … cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical …

This article studies the responses of real wages and labour market flows of immigrants in Spain for the period between … 1999 and 2019. By using Labour Force Survey microdata, I examine the cyclicality of job-finding and job-separation rates … high for immigrants than for natives. By using longitudinal social security data, I find that wage cyclicality is higher …

: flexibility of wages for new hires and pro-cyclicality of the opportunity cost of employment. Calibrated to U.S. data, the model …I propose a new mechanism for sluggish wages based on workers' noisy information about the state of the economy. Wages … higher wages. This increases firms' incentives to post more vacancies, which makes unemployment volatile and sensitive to …

We show that cyclical variation in entry wages is driven by occupation mobility. To this end, we use Portuguese … administrative data from 1986-2019 that accurately identifies occupation transitions between and within firms. We find that wages of … new hires that remain in the same occupation are no more cyclical than those of stayers. By contrast, wages of workers …

Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …