Abbritti, M., Fahr, S., 2013. Downward wage rigidity and business cycle asymmetries. Journal of Monetary Economics 60, 871â886.
Addison, J.T., Teixeira, P., Zwick, T., 2010. German works councils and the anatomy of wages. Industrial and Labor Relations Review 63, 247â270.
Bachmann, R., Bayer, C., Merkl, C., Seth, S., StuÌber, H., Wellschmied, F., 2021. Worker churn in the cross section and over time: New evidence from Germany. Journal of Monetary Economics 117. 781-797.
Barnichon, R., Figura, A., 2015. Labor market heterogeneity and the aggregate matching function. American Economic Journal: Macroeconomics 7, 222â249.
Barro, R.J., 1977. Long-term contracting, sticky prices, and monetary policy. Journal of Monetary Economics 3, 305â316.
Basu, S., House, C., 2016. Allocative and remitted wages: New facts and challenges for keynesian models. Handbook of Macroeconomics 2, 297â354.
Beaudry, P., DiNardo, J., 1991. The effect of implicit contracts on the movement of wages over the business cycle: Evidence from micro data. Journal of Political Economy 99, 665â688.
Bils, M.J., 1985. Real wages over the business cycle: Evidence from panel data. Journal of Political Economy 93, 666â689.
BjoÌrklund, M., Carlsson, M., NordstroÌm Skans, O., 2019. Fixed-wage contracts and monetary non-neutrality. American Economic Journal: Macroeconomics 11, 171â92.
Blanchard, O., Fischer, S., 1989. Lectures on Macroeconomics. MIT Press, Cambridge.
Blanchard, O., GalıÌ, J., 2007. Real wage rigidities and the new keynesian model. Journal of Money, Credit, and Banking 39, 35â65.
- Brixy, U., Kohaut, S., Schnabel, C., 2006. How fast do newly founded firms mature? Empirical analyses on job quality in start-ups, in: Fritsch, M., Schmude, J. (Eds.), Entrepreneurship in the region. New York, pp. 95â112.
Paper not yet in RePEc: Add citation now
Burda, M., Hunt, J., 2011. What explains the German labor market miracle in the Great Recession. Brookings Papers on Economic Activity 42, 273â335.
Busch, C., Domeij, D., Guvenen, F., Madera, R., 2022. Skewed idiosyncratic income risk over the business cycle: Sources and insurance. American Economic Journal: Macroeconomics 14, 207â42.
Carlsson, M., Westermark, A., 2022. Endogenous separations, wage rigidities, and unem900 ployment volatility. American Economic Journal: Macroeconomics 14, 332â354.
Carneiro, A., GuimaraÌes, P., Portugal, P., 2012. Real wages and the business cycle: Accounting for worker, firm, and job title heterogeneity. American Economic Journal: Macroeconomics 4, 133â152.
Christiano, L., Eichenbaum, M., Evans, C., 2005. Nominal rigidities and the dynamic effects of a shock to monetary policy. Journal of Political Economy 113, 1â45.
Christiano, L., Eichenbaum, M., Trabandt, M., 2021. Why is unemployment so countercyclical ? Review of Economic Dynamics 41, 4â37.
Chugh, S., Merkl, C., 2016. Efficiency and labor market dynamics in a model of labor selection. International Economic Review 5, 1371â1404.
- Correia, S., 2018. REGHDFE: Stata module to perform linear or instrumental-variable regression absorbing any number of high-dimensional fixed effects. Technical Report. Statistical Software Components S457874, Boston College Department of Economics. Revised 17. Sept. 2018.
Paper not yet in RePEc: Add citation now
- Ehrlich, G., Montes, J., 2023. Wage rigidity and employment outcomes: evidence from administrative data. American Economic Journal: Macroeconomics , forthcoming.
Paper not yet in RePEc: Add citation now
Ellguth, P., Kohaut, S., MoÌller, I., 2014. The IAB Establishment Panel â methodological essentials and data quality. Journal for Labour Market Research 47, 27â41.
Elsby, M., Solon, G., 2019. How prevalent is downward rigidity in nominal wages? International evidence from payroll records and pay slips. Journal of Economic Perspectives 33, 185â201.
Fackler, D., Fuchs, M., HoÌlscher, L., Schnabel, C., 2019. Do startups provide employment opportunities for disadvantaged workers? Industrial and Labor Relations Review 72, 1123â1148.
Gertler, M., Huckfeldt, C., Trigari, A., 2020. Unemployment fluctuations, match quality, and the wage cyclicality of new hires. The Review of Economic Studies 87, 1876â1914.
Grigsby, J., Hurst, E., Yildirmaz, A., 2021. Aggregate nominal wage adjustments: New evidence from administrative payroll data. American Economic Review 111, 428â471.
Guvenen, F., Schulhofer-Wohl, S., Song, J., Yogo, M., 2017. Worker betas: Five facts about systematic earnings risk. American Economic Review 107, 398â403.
Haefke, C., Sonntag, M., van Rens, T., 2013. Wage rigidity and job creation. Journal of Monetary Economics 60, 887â899.
Hall, R.E., 2005. Employment fluctuations with equilibrium wage stickiness. American Economic Review 95, 50â65.
Hall, R.E., Milgrom, P.R., 2008. The limited influence of unemployment on the wage bargain.
Julien, B., Kennes, J., King, I., Mangin, S., 2009. Directed search, unemployment and public policy. Canadian Journal of Economics 42, 956â983.
Knoppik, C., Beissinger, T., 2009. Downward nominal wage rigidity in Europe: An analysis of european micro data from the ECHP 1994â2001. Empirical Economics 36, 321â338.
- Knowles, M., Lupoli, M., 2023. The nash wage elasticity and its business cycle implications. Econ Tribute Markets and Public Policy, Working Paper, University of Cologne 240.
Paper not yet in RePEc: Add citation now
Kohlbrecher, B., Merkl, C., 2022. Business cycle asymmetries and the labor market. Journal of Macroeconomics 73, 103458.
Kohlbrecher, B., Merkl, C., Nordmeier, D., 2016. Revisiting the matching function. Journal of Economic Dynamics and Control 69, 350â371.
- Kramer, J., 2022. The cyclicality of earnings growth along the distribution - causes and consequences. Institute for International Studies, Stockholm University.
Paper not yet in RePEc: Add citation now
Krusell, P., Smith, Jr., A.A., 1998. Income and wealth heterogeneity in the macroeconomy. Journal of Political Economy 106, 867â896.
Kudlyak, M., 2014. The cyclicality of the user cost of labor. Journal of Monetary Economics 68, 53â67.
Kurmann, A., McEntarfer, E., 2019. Downward wage rigidity in the United States: New evidence from worker-firm linked data. Drexel University School of Economics Working Paper Series 2019-01.
- Lebow, D.E., Saks, R.E., Wilson, B.A., 1999. Downward nominal wage rigidity: Evidence from the Employment Cost Index. The Federal Reserve Board, Finance and Economics Discussion Series 1999-31.
Paper not yet in RePEc: Add citation now
Mankiw, N.G., 1989. Real business cycles: A new keynesian perspective. Journal of Economic Perspectives 3, 79â90.
Martins, P.S., Solon, G., Thomas, J.P., 2012. Measuring what employers do about entry wages over the business cycle: A new approach. American Economic Journal: Macroeconomics 4, 36â55.
Merkl, C., van Rens, T., 2019. Selective hiring and welfare analysis in labor market models. Labour Economics 57, 117â130.
Merkl, C., Wesselbaum, D., 2011. Extensive versus intensive margin in Germany and the United States: Any differences? Applied Economics Letters 18, 805â808.
Petrosky-Nadeau, N., Zhang, L., 2021. Unemployment crises. Journal of Monetary Economics 117, 335â353.
Petrosky-Nadeau, N., Zhang, L., Kuehn, L.A., 2018. Endogenous disasters. American Eco970 nomic Review 108, 2212â45.
Pissarides, C., 2009. The unemployment volatility puzzle: Is wage stickiness the answer? Econometrica 77, 1339â1369.
- Reich, M., 2009. Minimum wages in the united states: Politics, economics, and econometrics, in: Brown, C., Eichengreen, B., Reich, M. (Eds.), Labor in the Era of Globalization, Cambridge University Press. pp. 353â374.
Paper not yet in RePEc: Add citation now
Schaefer, D., Singleton, C., 2019. Cyclical labor costs within jobs. European Economic Review 120, 103317.
Shimer, R., 2005. The cyclical behavior of equilibrium unemployment and vacancies. American Economic Review 95, 25â49.
Smets, F., Wouters, R., 2007. Shocks and frictions in the US business cycle: A bayesian DSGE approach. American Economic Review 97, 586â606.
Solon, G., Barsky, R., Parker, J.A., 1994. Measuring the cyclicality of real wages: How important is composition bias? The Quarterly Journal of Economics 109, 1â25.
StuÌber, H., 2017. The real wage cyclicality of newly hired and incumbent workers in Germany. The Economic Journal 127, 522â546.
- StuÌber, H., Seth, S., 2018. The Administrative Wage and Labor Market Flow Panel. FAU Discussion Papers in Economics 01/2017 (updated December 2018).
Paper not yet in RePEc: Add citation now