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Using several unique data sets on wage agreements at both the firm- and the industry-levels in France, we examine the impact of typical European wage-setting institutions on the form and the degree of wage rigidity. We highlight different stylized facts concerning wage stickiness. First, in...
Persistent link: https://www.econbiz.de/10008554243
Retirement pensions are directly linked to the insured person’s career: the duration and total of the salary subject to contributions. To summarise the heterogeneity of careers within the private sector into a restricted number of set profiles is therefore a «lightweight» futurology tool for...
Persistent link: https://www.econbiz.de/10011073031
long, steady, high-wage careers, and a growing share of precarious careers marked by unemployment spells and low wages. …
Persistent link: https://www.econbiz.de/10011073386
Persistent link: https://www.econbiz.de/10011073549
facts on wage stickiness and the impact of wage-setting institutions on wage rigidity. First, the average duration of wages … is a little less than one year and around 10 percent of wages are modified each month by a wage agreement. Data patterns …
Persistent link: https://www.econbiz.de/10011166341