We investigate the momentum and energy exchange across the wave boundary layer (WBL). Directly at the air-sea interface, we test three wave-growth parametrizations by comparing estimates of the wave-induced momentum flux derived from wave spectra with direct covariance estimates of the momentum flux. An exponential decay is used to describe the vertical structure of the wave-induced momentum in the atmospheric WBL through use of a decay rate, a function of the dimensionless decay rate and wavenumber (A= k). The decay rate is varied to minimize the difference between the energy extracted from the WBL and the energy flux computed from wave spectra using our preferred wave-growth parametrization. For wave ages (i.e. the peak phase speed to atmospheric friction velocity ratio) in the range we are able to balance these two estimates to within 10%. The decay rate is used to approximate the WBL height as the height to which the wave-induced flux is 0.1 of its surface value and the WBL height determined this way is found to be between 1-3m. Finally, we define an effective phase speed with which to parametrize the energy flux for comparison with earlier work, which we ultimately attempt to parametrize as a function of wind forcing.