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Downward Nominal and Real Wage Rigidity : Survey Evidence from European Firms

We present new evidence from a unique survey of firms across Europe on downward wage rigidity in both real and nominal terms. Our results indicate that wage rigidities are related to workforce composition in a manner that is consistent with related theoretical models. We also find that wage rigidity...

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Bibliographic Details
Main Authors: Babecky, Jan, Du Caju, Philip, Kosma, Theodora, Lawless, Martina, Messina, Julian, Room, Tairi
Language:EN
Published: 2012
Subjects:
Economics of Contract: Theory D860
Employment
Unemployment
Wages
Intergenerational Income Distribution
Aggregate Human Capital E240
Wage Level and Structure
Wage Differentials J310
Labor Contracts J410
Labor Law K310
Online Access:http://hdl.handle.net/10986/4853

Internet

http://hdl.handle.net/10986/4853

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