This article studies the responses of real wages and labour market flows of immigrants in Spain for the period between … for immigrants than for natives: a one percentage point increase in the unemployment rate is associated with a 0.61 and 0 ….85% drop in real wages for natives and immigrants, respectively. However, these differences only occur among low-tenure workers …

This paper investigates the change in wages associated with a spell of unemployment. The novelty lies in using monthly … different business cycles. The level of education or the sector of re-employment affects the change in wages following an … unemployment spell differently across different downturns. The degree of wage rigidity varies across recessions; wage changes pre …

This paper investigates the change in wages associated with a spell of unemployment. The novelty lies in using monthly … different business cycles. The level of education or the sector of re-employment affects the change in wages following an … unemployment spell differently across different downturns. The degree of wage rigidity varies across recessions; wage changes …

Greece’s labour market entered the COVID-19 shock following several years of sustained employment growth and with wages … picking up. Unemployment remained high and employment rates were low, especially among women, the young and older workers. The …

higher wages. This increases firms' incentives to post more vacancies, which makes unemployment volatile and sensitive to … aggregate shocks. The model is robust to two major criticisms of existing theories of sluggish wages and volatile unemployment …I propose a new mechanism for sluggish wages based on workers' noisy information about the state of the economy. Wages …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering … is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the …