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

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
Format:	Journal Article
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

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