dynamics, and its relationship to wages, job satisfaction, and job mobility requires panel data, which can reach more nuanced …

exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …

wage inequality due to differences in the mean and dispersion of wages between matched and mismatched workers. Chapter 4 … permanent component of earnings risk is compensated by higher wages while transitory risks are associated with a wage penalty … compensation in wages: Firstly, compensation for earnings risk is considerably higher for less risk averse workers. Secondly, the …