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The Dynamics of Wages and Employment

Author

Listed:
  • Leonard, J.S.
  • Van Audenrode, M.

Abstract

In this paper, we demonstrate substantial heterogeneity in wage growth across firms within industry, and across workers within firm in Belgium. This variation does not appear to be consistent with simple measurement error stories, but rather seems to be evidence of a more complex labor market. We also empirically show how different the wage and employment adjustment process looks at different levels of aggregation.

Suggested Citation

  • Leonard, J.S. & Van Audenrode, M., 1998. "The Dynamics of Wages and Employment," Papers 9806, Laval - Recherche en Politique Economique.
    • Handle: RePEc:fth:lavape:9806
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    References listed on IDEAS

    as
    1. Katharine G. Abraham & Susan N. Houseman, 1993. "Job Security and Work Force Adjustment: How Different are U.S. and Japanese Practices?," Book chapters authored by Upjohn Institute researchers, in: Christopher F. Buechtemann (ed.),Employment Security and Labor Market Behavior: Interdisciplinary Approaches and International Evidence, pages 180-199, W.E. Upjohn Institute for Employment Research.
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    More about this item

    Keywords

    LABOUR MARKET ; WAGES;

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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