Micro Foundations for Wage Flexibility: Wage Insurance at the Firm Level

Wage flexibility

Age, Wage and Productivity: Firm-Level Evidence

In this paper, we estimate the profile of productivity by age through the estimation of production functions. ‘Productivity’ is defined as the average contribution of age groups to the productivity of firms. Our data are a matched employer-employee dataset covering about 70,000 firms in the late 1990’s in France. We find that productivity increases with age until age 40 and then remains stable ...

Intra-firm Wage Dispersion and Firm Performance

Personnel economics has put forward conflicting arguments concerning the impact of increased wage dispersion within a firm on the productivity of its workers. Besides giving more incentives, bigger wage differentials might also give rise to less cooperation and more politicking amongst workers resulting in worse outcomes. We try to shed light on these issues using panel data for Austrian firms....

Wage rigidity and employment adjustment at the firm level: Evidence from survey data ¬リニ

• We investigate how firms adjust labour costs in the presence of wage rigidities. • Portuguese firms adjust labour costs by adjusting the quantity and cost of labour. • Firms with more flexible base wages are 20 pp. less likely to reduce employment. • By cutting labour costs, firms are 35 pp. less likely to reduce employment. a b s t r a c t a r t i c l e i n f o This paper uses firm level sur...

Nominal Wages . the Nairu and Wage Flexibility