Downward nominal wage rigidity in services: Direct evidence from a firm survey

The paper uses a new German employer survey on wage setting to analyze incidence and sources of nominal wage rigidity in services vs. manufacturing. Mainly for fear of excess worker turnover, wage cuts are significantly less frequent in services.

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Year of publication:	2010
Authors:	Radowski, Daniel ; Bonin, Holger
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 106.2010, 3, p. 227-229
Publisher:	Elsevier
Keywords:	Nominal wage rigidity Efficiency wages Manufacturing and services Germany

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008551354