National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
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).
Fulltext: Download fulltextPDF

Interested in being notified about new results for this query?
Subscribe to the RSS feed.