Pfeiffer, Friedhelm - In: Mitteilungen aus der Arbeitsmarkt- und Berufsforschung 36 (2003) 4, pp. 616-633
"In this paper, the extent and consequences of nominal and negotiated wage rigidities are examined micro-economically and micro-econometrically. The analysis shows that wage rigidities are by no means rare in Germany. They lead to bloated wages and considerable wage increases and, at the limit,...