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National Repository of Grey Literature 2 records found  Search took 0.01 seconds. 
The margins of labour cost adjustment: survey evidence from European firms
 Babecký, Jan ; Du Caju, Philip ; Kosma, Theodora ; Lawless, Martina ; Messina, Julián ; Rõõm, Tairi
Writers broaden the analysis beyond downward rigidity in base wages by investigating the use of other margins of labour cost adjustment at the firm level. Using data from a unique survey, they find that European firms make frequent use of other, more flexible, components of compensation to adjust the cost of labour.
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Downward nominal and real wage rigidity: survey evidence from European firms
 Babecký, Jan ; Du Caju, Philip ; Kosma, Theodora ; Lawless, Martina ; Messina, Julián ; Rõõm, Tairi
This paper presents new evidence from a unique survey of firms across Europe on the prevalence of downward wage rigidity in both real and nominal terms. Writers analyse which firm-level and institutional factors are associated with wage rigidity. The results indicate that wage rigidity is related to workforce composition at the establishment level in a manner that is consistent with related theoretical models (e.g. efficiency wage theory, insider-outsider theory).
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