RELATIVE WAGES are changing. Over the last decade or so, earnings of high school
graduates have declined rela-tive to college graduates, and earnings of young adults have …

Jobs differ along many dimensions including firm size. The wage gap due to firm size of 35%
is comparable to the gender wage gap of 36% for men over women and greater than the …

Standard labor market models assume that workers hold accurate beliefs about the external
wage distribution, and hence their outside options with other employers. We test this …

We quantify the importance of imperfect competition in the US labor market by estimating the
size of labor market rents earned by American firms and workers. We construct a matched …

We synthesize two related literatures on firm-level drivers of wage inequality. Studies of rent
sharing that use matched worker-firm data find elasticities of wages with respect to value …

Rising profitability and market valuations of US businesses, sluggish wage growth and a
declining labor share of income, and reduced unemployment and inflation, have defined the …

We study the role of establishment-specific wage premiums in generating recent increases
in West German wage inequality. Models with additive fixed effects for workers and …

The nature of the relationship between employers and employees has been changing over
the past three decades, with firms increasingly relying on contractors, temp agencies, and …

This paper analyzes the role of establishments in the upward trend in dispersion of earnings
that has become a central topic in economic analysis and policy debate. It decomposes …

We propose leave‐out estimators of quadratic forms designed for the study of linear models
with unrestricted heteroscedasticity. Applications include analysis of variance and tests of …