A discussion of how wages have remained stable in the current expansion, resulting from changes in the industrial …

in the PSID and the fact that establishment surveys typically follow average wages within jobs may bias the results in …

positions and thus wages and a negative one as faster outflows from unemployment reduce the stock of unemployed. Thus, there is …

A model's ability to explain procyclical movements in real wages has become an important benchmark by which … macroeconomists judge business cycle theories. Because Keynesian models with sticky nominal wages predict countercyclical real wages … stickiness or countercyclical markups. The bulk of the evidence for procyclical real wages, however, comes from studies using …

There is a growing consensus among economists that real wages in the postwar U.S. have been moderately to strongly … previous estimates of wage cyclicality. In two-digit and four-digit level (SIC) industry data on wages, with controls for … changes in worker composition, I find that a substantial majority of sectors have paid real product wages that vary inversely …

While economists generally agree that workers pay for their health insurance costs through reduced wages, there has … costs, I test whether older workers pay for their higher health costs in the form of lower wages. I find that in cities … higher health costs in the form of reduced wages. This finding is robust to the inclusion of several other city …