Holden, Steinar (contributor); … - 2007
This paper explores the existence of downward real wage rigidity (DRWR) in 19 OECD countries, over the period 1973 … country- and year-specific variation in both the median and the dispersion of industry wage changes, we find evidence of some …-1999, using data for hourly nominal earnings at the industry level. Based on a nonparametric statistical method, which allows for …