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There is no clear relationship between changes in the purchasing power of wages and salaries and the business cycle; changes in purchasing power reflect the greater volatility of price, rather than wa...
Employers commonly pay more than one wage rate to workers in a particular job; spreads between the highest and lowest rates in a job are typically wider among white- than blue-collar occupations.
Among both production and office workers, the degree of unionization declined in the past 20 years; structural changes in the U.S. economy account for only part of this development.
Wage adjustments were low for the fourth year in a row, reflecting pressures to restrain labor costs and save jobs; many contracts negotiated in 1985 featured 'back-loading,' lump-sum payments, and tw...
The increase in wage inequality in Russia during its transition process has far exceeded the increase in wage dispersion observed in other European countries undergoing transition. Russia also has an ...
We show why considering a number of education-dependent covariates in the wage equation decreases coefficient of education in the wage equation. We use a meta-analysis of results for Portugal to show,...
In this article, we study the impact of changes of total labor costs on employment of low-wage workers in France in a period, 1990 to 1998, that saw sudden and large changes in these costs. We use lon...

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