-specific wage levels in a public-sector setting where wages otherwise are set according to individualized wage bargaining. The … agreement stipulated that wages should increase in proportion to the number of low-paid females within each establishment. We … find that actual wages among incubents responded to the share of females with a wage below the stipulated threshold …

In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract …. Using matched employer-employee dataset, I adopted the estimation strategy proposed by Guiso et al. (2005) to evaluate wage … response differs depending on the nature of the shock. Broadly speaking, the wage response to permanent shocks is twice as high …