Wages, business cycles, and comparative advantage

Altonji, 1986, Intertemporal substitution in labor supply, Journal of Political Economy, 94, s176, 10.1086/261403 Azariadis, 1974, Implicit contracts and underemployment equilibria, Journal of Political Economy, 83, 1183, 10.1086/260388 Barro, 1984, Time separable preferences and intertemporal-substitution models of business cycles, Quarterly Journal of Economics, 99, 817, 10.2307/1883127 Basu, S., Fernald, J., 1996. Returns to scale in U.S. production: estimates and implications. Internal Finance Working Papers No. 546, Board of Governors of the Federal Reserve System. Bartelsman, E. J., Gray, W., 1996. The NBER manufacturing productivity database. NBER Technical Working Paper No. 205. Bencivenga, 1992, An econometric study of hours and output variation with preference shocks, International Economic Review, 33, 449, 10.2307/2526904 Benhabib, 1991, Homework in macroeconomics, Journal of Political Economy, 6, 1166, 10.1086/261796 Bils, 1985, Real wages over the business cycles, Journal of Political Economy, 93, 666, 10.1086/261325 Boldrin, 1995, Labor contracts and business cycles, Journal of Political Economy, 103, 972, 10.1086/262010 Burnside, 1995, Capital utilization and returns to scale, NBER Macroeconomic Annual, 10, 67, 10.2307/3585104 Cho, 1995, Ex-post heterogeneity and the business cycle, Journal of Economic Dynamics and Control, 19, 533, 10.1016/0165-1889(94)00793-H Cho, 1988, Family labor supply and aggregate fluctuations, Journal of Monetary Economics, 21, 233, 10.1016/0304-3932(88)90031-1 Christiano, 1992, Current real-business-cycle theories and aggregate labor-market fluctuations, American Economic Review, 82, 430 Dunlop, 1939, Cyclical variations in wage structure, Review of Economics and Statistics, 21, 30, 10.2307/1927565 Ghez, 1975 Gomme, 1995, Cyclical allocation of risk, Journal of Economic Dynamics and Control, 19, 91, 10.1016/0165-1889(93)00776-Z Greenwood, 1991, The allocation of capital and time over the business cycle, Journal of Political Economy, 99, 1188, 10.1086/261797 Griliches, 1969, Capital-skill complementarity, Review of Economics and Statistics, 51, 465, 10.2307/1926439 Hansen, 1985, Indivisible labor and the business cycle, Journal of Monetary Economics, 16, 309, 10.1016/0304-3932(85)90039-X Keane, M., Prasad, E., 1993. Skill levels and the cyclical variability of employment, hours, and wages. IMF Staff Papers 40, No. 4, pp. 711–743. King, R., Plosser, C., Rebelo, S., 1987. Production, growth and business cycles: technical appendix. Manuscript, University of Rochester. King, 1988, Production, growth and business cycles: I. The basic neoclassical model, Journal of Monetary Economics, 21, 195, 10.1016/0304-3932(88)90030-X Kydland, 1984, Heterogeneity in labor market and business cycles, Carnegie-Rochester Conference Series on Public Policy, 21, 173, 10.1016/0167-2231(84)90009-5 Kydland, 1982, Time to build and aggregate fluctuations, Econometrica, 50, 1345, 10.2307/1913386 Long, 1983, Real business cycles, Journal of Political Economy, 91, 30, 10.1086/261128 Lucas, 1978, On the size distribution of business firms, Bell Journal of Economics, 9, 508, 10.2307/3003596 Lucas, 1969, Real wages, employment, and inflation, Journal of Political Economy, 77, 721, 10.1086/259559 Maddala, 1983 MaCurdy, 1981, An empirical model of labor supply in a life-cycle setting, Journal of Political Economy, 89, 1059, 10.1086/261023 Oi, 1962, Labor as a quasi-fixed factor, Journal of Political Economy, 70, 538, 10.1086/258715 Raisian, 1983, Contracts, job experience, and cyclical labor market adjustments, Journal of Labor Economics, 1, 152, 10.1086/298008 Reder, 1955, The theory of occupational wage differentials, American Economic Review, 45, 833 Rogerson, 1988, Indivisible labor, lotteries and equilibrium, Journal of Monetary Economics, 21, 3, 10.1016/0304-3932(88)90042-6 Rosen, 1968, Short-run employment variation on class-I railroads in the U.S., 1947-1963, Econometrica, 36, 511, 10.2307/1909520 Rosen, 1982, Authority, control, and the distribution of earnings, Bell Journal of Economics, 13, 311, 10.2307/3003456 Solon, G., Barsky, R., Parker, J., 1994. Measuring the cyclicality of real wages: how important is compositional bias? Quarterly Journal of Economics 106, 587–616. Stockman, A., 1983. Aggregation bias and the cyclical behavior of real wages. Manuscript, University of Rochester.