Working Paper: Wage Effects of Labor Market Tightness

Working paper - May 2022 - No. 187

Authors Hoeck, Christian Philip
Subject Inflation, wages and prices; Economic activity and employment
Type Working paper
Year 2022
Published 24 May 2022
Abstract icon In this Working Paper, I examine to what extent labor shortage leads to higher wages. If the shortage of the occupations demanded by a firm increases, wages will increase, too. The wages increases are, however, relatively modest.