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Are real entry wages rigid over the business cycle? : Empirical evidence for Germany from 1977 to 2009
Stüber, Heiko - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2012
find that an increase in the unemployment rate of one percentage point decreases the real wages of job entries within given … rigidity in the Mortensen- Pissarides model in order to amplify realistic volatility of unemployment is not supported by the … unemployment." (Author's abstract, IAB-Doku) ((en)) …
Persistent link: https://www.econbiz.de/10010641641
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Does downward nominal wage rigidity dampen wage increases?
Stüber, Heiko; Beissinger, Thomas - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2010
"Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity (DNWR). However, the resulting macroeconomic effects seem to be surprisingly weak. This contradiction can be explained within an intertemporal framework in which DNWR not only...
Persistent link: https://www.econbiz.de/10008506504
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Does downward nominal wage rigidity dampen wage increases?
Stüber, Heiko; Beissinger, Thomas - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2010
"Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity (DNWR). However, the resulting macroeconomic effects seem to be surprisingly weak. This contradiction can be explained within an intertemporal framework in which DNWR not only...
Persistent link: https://www.econbiz.de/10010592430
Cover Image
Are real entry wages rigid over the business cycle? : Empirical evidence for Germany from 1977 to 2009
Stüber, Heiko - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2012
find that an increase in the unemployment rate of one percentage point decreases the real wages of job entries within given … rigidity in the Mortensen- Pissarides model in order to amplify realistic volatility of unemployment is not supported by the … unemployment." (Author's abstract, IAB-Doku) ((en)) …
Persistent link: https://www.econbiz.de/10010592484