Showing 1 - 10 of 21
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/10011048551
Persistent link: https://www.econbiz.de/10011748982
Persistent link: https://www.econbiz.de/10005615894
Persistent link: https://www.econbiz.de/10012042449
Persistent link: https://www.econbiz.de/10012023188
Persistent link: https://www.econbiz.de/10012204150
Persistent link: https://www.econbiz.de/10011741680
Persistent link: https://www.econbiz.de/10012627609
Persistent link: https://www.econbiz.de/10012803331
Persistent link: https://www.econbiz.de/10012603216