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Measuring What Employers Do about Entry Wages over the Business Cycle: A New Approach

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Cited by:

  1. Effrosyni Adamopoulou & Emmanuele Bobbio & Marta De Philippis & Federico Giorgi, 2016. "Wage rigidities and business cycle fluctuations: a linked employer-employee analysis," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-32, December.
  2. Effrosyni Adamopoulou & Ernesto Villanueva, 2020. "Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence From the Metalworking Industry," CRC TR 224 Discussion Paper Series crctr224_2020_176, University of Bonn and University of Mannheim, Germany.
  3. Effrosnyi Adamopoulou & Luis Diez-Catalan & Ernesto Villanueva, "undated". "Staggered Contracts and Unemployment During Recessions," CRC TR 224 Discussion Paper Series crctr224_2022_379, University of Bonn and University of Mannheim, Germany.
  4. Emmanuel Saez & Pascal Michaillat, 2013. "A Theory of Aggregate Supply and Aggregate Demand as Functions of Market Tightness with Prices as Parameters," 2013 Meeting Papers 1216, Society for Economic Dynamics.
  5. Bauer, Anja & Lochner, Benjamin, 2020. "History dependence in wages and cyclical selection: Evidence from Germany," Labour Economics, Elsevier, vol. 67(C).
  6. Fella Giulio, 2012. "Matching, Wage Rigidities and Efficient Severance Pay," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-35, December.
  7. Pedro S. Martins, 2016. "Can overtime premium flexibility promote employment? Firm- and worker-level evidence from a labour law reform," Working Papers 72, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
  8. Francesco D'Amuri & Salvatore Lattanzio & Benjamin S. Smith, 2023. "The anatomy of labor cost adjustment to demand shocks: Germany and Italy during the Great Recession," Temi di discussione (Economic working papers) 1411, Bank of Italy, Economic Research and International Relations Area.
  9. Martins, Pedro S. & Saraiva, Joana, 2020. "Assessing the legal value added of collective bargaining agreements," International Review of Law and Economics, Elsevier, vol. 62(C).
  10. Marianna Kudlyak, 2015. "What We Know About Wage Adjustment During the 2007-09 Recession and Its Aftermath," Economic Quarterly, Federal Reserve Bank of Richmond, issue 3Q, pages 225-244.
  11. Mark Gertler & Christopher Huckfeldt & Antonella Trigari, 2020. "Unemployment Fluctuations, Match Quality, and the Wage Cyclicality of New Hires," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(4), pages 1876-1914.
  12. Brad Hershbein & Lisa B. Kahn, 2018. "Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings," American Economic Review, American Economic Association, vol. 108(7), pages 1737-1772, July.
  13. Michael Elsby & Axel Gottfries & Pawel Krolikowski & Gary Solon, 2023. "Wage Adjustment in Efficient Long-Term Employment Relationships," Working Papers 23-23, Federal Reserve Bank of Cleveland.
  14. Pedro S. Martins, 2021. "30,000 Minimum Wages: The Economic Effects of Collective Bargaining Extensions," British Journal of Industrial Relations, London School of Economics, vol. 59(2), pages 335-369, June.
  15. Michael W. L. Elsby & Ryan Michaels & David Ratner, 2015. "The Beveridge Curve: A Survey," Journal of Economic Literature, American Economic Association, vol. 53(3), pages 571-630, September.
  16. Luis Diéz-Catalán & Ernesto Villanueva, 2015. "Contract staggering and unemployment during the great recession: evidence from Spain," Working Papers 1431, Banco de España.
  17. John Grigsby & Erik Hurst & Ahu Yildirmaz, 2021. "Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data," American Economic Review, American Economic Association, vol. 111(2), pages 428-471, February.
  18. Fernando Martins & Pedro Portugal, 2014. "Wage adjustments during a severe economic downturn," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
  19. Schaefer, Daniel & Singleton, Carl, 2019. "Cyclical labor costs within jobs," European Economic Review, Elsevier, vol. 120(C).
  20. Otrok Christopher & Pourpourides Panayiotis M., 2019. "On the cyclicality of real wages and wage differentials," The B.E. Journal of Macroeconomics, De Gruyter, vol. 19(1), pages 1-18, January.
  21. Bjorn Dapi, 2020. "Wage Cyclicality and Composition Bias in the Norwegian Economy," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(4), pages 1403-1430, October.
  22. Jonathon Hazell & Bledi Taska, 2020. "Downward Rigidity in the Wage for New Hires," Discussion Papers 2028, Centre for Macroeconomics (CFM).
  23. Tortorice, Daniel L., 2013. "Endogenous separation, wage rigidity and the dynamics of unemployment," Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 179-191.
  24. Kudlyak, Marianna, 2014. "The cyclicality of the user cost of labor," Journal of Monetary Economics, Elsevier, vol. 68(C), pages 53-67.
  25. Michael W. Elsby & Donggyun Shin & Gary Solon, 2013. "Wage Adjustment in the Great Recession," NBER Working Papers 19478, National Bureau of Economic Research, Inc.
  26. Tatsiramos, K. & van Ours, J.C., 2012. "Labor Market Effects of Unemployment Insurance Design," Other publications TiSEM 0550ec64-1dd7-4fd8-a559-7, Tilburg University, School of Economics and Management.
  27. Hijzen Alexander & Martins Pedro S., 2020. "No extension without representation? Evidence from a natural experiment in collective bargaining," IZA Journal of Labor Economics, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 9(1), pages 1-31, March.
  28. Merkl, Christian & Stüber, Heiko, 2024. "Wage and employment cyclicalities at the establishment level," European Economic Review, Elsevier, vol. 161(C).
  29. Stüber, Heiko & Snell, Andy, 2014. "Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Evidence from Germany," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100601, Verein für Socialpolitik / German Economic Association.
  30. Andrew Snell & Heiko Stuber & Jonathan Thomas, 2018. "Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 30, pages 265-284, October.
  31. Merkl, Christian & Stüber, Heiko, 2016. "Wage cyclicalities and labor market dynamics at the establishment level: Theory and evidence," FAU Discussion Papers in Economics 12/2016, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
  32. Matthew Knowles & Mario Lupoli, 2023. "The Nash Wage Elasticity and its Business Cycle Implications," ECONtribute Discussion Papers Series 240, University of Bonn and University of Cologne, Germany.
  33. Mikael Carlsson & Andreas Westermark, 2022. "Endogenous Separations, Wage Rigidities, and Unemployment Volatility," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(1), pages 332-354, January.
  34. Michael W. L. Elsby & Gary Solon, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 185-201, Summer.
  35. Adamopoulou, Effrosyni & Villanueva, Ernesto, 2022. "Wage determination and the bite of collective contracts in Italy and Spain," Labour Economics, Elsevier, vol. 76(C).
  36. Pereira, João & Ramos, Raul & Martins, Pedro S., 2024. "Wage cyclicality and labour market institutions," GLO Discussion Paper Series 1469, Global Labor Organization (GLO).
  37. Fernando Saltiel & Cody Tuttle, 2023. "Business Cycles and Police Hires," Working Papers 288, Red Nacional de Investigadores en Economía (RedNIE).
  38. Jose Garcia‐Louzao, 2021. "Employment and Wages over the Business Cycle in Worker‐Owned Firms: Evidence from Spain," British Journal of Industrial Relations, London School of Economics, vol. 59(2), pages 418-443, June.
  39. Stéphane Auray & Samuel Danthine & Markus Poschke, 2020. "Understanding the Determination of Severance Pay: Mandates, Bargaining, and Unions," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(3), pages 1073-1111, July.
  40. Hahn, Joyce K. & Hyatt, Henry R. & Janicki, Hubert P., 2021. "Job ladders and growth in earnings, hours, and wages," European Economic Review, Elsevier, vol. 133(C).
  41. Seonyoung Park & Donggyun Shin, 2019. "Inflation And Wage Rigidity/Flexibility In The Short Run," Economic Inquiry, Western Economic Association International, vol. 57(3), pages 1675-1697, July.
  42. Pedro S. Martins, 2014. "30,000 minimum wages: The economic effects of collective agreement extensions," Working Papers 51, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
  43. Martins, Pedro S., 2021. "Do entry wages increase when severance pay drops? Not in recessions," Economics Letters, Elsevier, vol. 201(C).
  44. Verdugo, Gregory, 2016. "Real wage cyclicality in the Eurozone before and during the Great Recession: Evidence from micro data," European Economic Review, Elsevier, vol. 82(C), pages 46-69.
  45. Michael W. L. Elsby & Donggyun Shin & Gary Solon, 2016. "Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and Great Britain," Journal of Labor Economics, University of Chicago Press, vol. 34(S1), pages 249-291.
  46. Berge, Wiljan van den, 2018. "Bad start, bad match? The early career effects of graduating in a recession for vocational and academic graduates," Labour Economics, Elsevier, vol. 53(C), pages 75-96.
  47. Martins, Pedro S., 2020. "Jobs Cronyism in Public-Sector Firms," GLO Discussion Paper Series 624, Global Labor Organization (GLO).
  48. Grace Weishi Gu & Eswar Prasad & Thomas Moehrle, 2020. "New Evidence on Cyclical Variation in Average Labor Costs in the United States," The Review of Economics and Statistics, MIT Press, vol. 102(5), pages 966-979, December.
  49. Pedro S. Martins, 2015. "The Diversity of Personnel Practices and Firm Performance," Working Papers 62, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
  50. Ueno, Yuko, 2014. "Size-specific Effects in Job Reallocation and Worker Mobility: Japan’s Experience from the 1990s," CIS Discussion paper series 624, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  51. Centeno, Mario & Novo, Alvaro A., 2014. "Paying for Others' Protection: Causal Evidence on Wages in a Two-Tier System," IZA Discussion Papers 8702, Institute of Labor Economics (IZA).
  52. Fella Giulio, 2012. "Matching, Wage Rigidities and Efficient Severance Pay," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-35, December.
  53. Edoardo M. Acabbi & Ettore Panetti & Alessandro Sforza, 2019. "The Financial Channels of Labor Rigidities: Evidence from Portugal," GEE Papers 0138, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Dec 2019.
  54. Lydon, Reamonn & Lozej, Matija, 2018. "Flexibility of new hires’ earnings in Ireland," Labour Economics, Elsevier, vol. 53(C), pages 112-127.
  55. Eliza Forsythe, 2022. "Why Don’t Firms Hire Young Workers During Recessions? [Real wages and the business cycle]," The Economic Journal, Royal Economic Society, vol. 132(645), pages 1765-1789.
  56. Konstantinos Tatsiramos & Jan C. Ours, 2014. "Labor Market Effects Of Unemployment Insurance Design," Journal of Economic Surveys, Wiley Blackwell, vol. 28(2), pages 284-311, April.
  57. Albagli, Elías & Contreras, Gabriela & Tapia, Matías & Wlasiuk, Juan M., 2022. "Earnings cyclicality of new and continuing jobs: The role of tenure and transition length," Labour Economics, Elsevier, vol. 78(C).
  58. Daniel Schaefer & Carl Singleton, 2017. "Real Wages and Hours in the Great Recession: Evidence from Firms and their Entry-Level Jobs," CESifo Working Paper Series 6766, CESifo.
  59. Barrela, Rodrigo & Costa, Eduardo & Portugal, Pedro, 2024. "On the Asymmetrical Sensitivity of the Distribution of Real Wages to Business Cycle Fluctuations," IZA Discussion Papers 16911, Institute of Labor Economics (IZA).
  60. Choi, Sekyu & Figueroa, Nincen & Villena-Roldán, Benjamin, 2020. "Wage Cyclicality Revisited: The Role of Hiring Standards," MPRA Paper 98240, University Library of Munich, Germany.
  61. Julie L. Hotchkiss & Robert E. Moore, 2022. "Some Like it Hot: Assessing Longer-Term Labor Market Benefits from a High-Pressure Economy," International Journal of Central Banking, International Journal of Central Banking, vol. 18(2), pages 193-243, June.
  62. Snell, Andy & Stüber, Heiko & Thomas, Jonathan P., 2024. "Job security, asymmetric information, and wage rigidity," European Economic Review, Elsevier, vol. 161(C).
  63. Faryna, Oleksandr & Pham, Tho & Talavera, Oleksandr & Tsapin, Andriy, 2022. "Wage and unemployment: Evidence from online job vacancy data," Journal of Comparative Economics, Elsevier, vol. 50(1), pages 52-70.
  64. repec:hal:spmain:info:hdl:2441/65dh65gjnn96rqgo52mg09a1uu is not listed on IDEAS
  65. Eric Smith, 2023. "On-the Job Wage Dynamics," CESifo Working Paper Series 10788, CESifo.
  66. Martins, Pedro S., 2017. "Economic effects of overtime premium flexibility: Firm- and worker-level evidence from a law reform," GLO Discussion Paper Series 102, Global Labor Organization (GLO).
  67. Hazell, Jonathon & Taska, Bledi, 2023. "Downward Rigidity in the Wage for New Hires," IZA Discussion Papers 16512, Institute of Labor Economics (IZA).
  68. repec:spo:wpmain:info:hdl:2441/65dh65gjnn96rqgo52mg09a1uu is not listed on IDEAS
  69. Korenok, Oleg & Munro, David, 2021. "Wage bargaining in a matching market: Experimental evidence," Labour Economics, Elsevier, vol. 73(C).
  70. Marco Fongoni, 2018. "Workers' reciprocity and the (ir)relevance of wage cyclicality for the volatility of job creation," Working Papers 1809, University of Strathclyde Business School, Department of Economics.
  71. Pedro S. Martins, 2016. "Do wages increase when severance pay drops? Not in recessions," Working Papers 77, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
  72. Seonyoung Park & Donggyun Shin, 2019. "Inflation And Wage Rigidity/Flexibility In The Short Run," Economic Inquiry, Western Economic Association International, vol. 57(3), pages 1675-1697, July.
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