Babecký, Jan; Du Caju, Philip; Kosma, Theodora; … - In: Labour Economics 19 (2012) 5, pp. 792-801
their wage bills. We broaden the analysis of relative (in)flexibility in labour costs by investigating the use of other … wage rigidity are more likely to use alternative margins of labour cost adjustment; therefore there appears to be some … degree of substitutability between wage flexibility and the flexibility of other cost components. Changes in bonuses and non …