Peng, Fei (contributor); Siebert, William S. (contributor) - 2007
This paper compares the cyclical behaviour of male real wages in Germany and the UK using the German Socio … unemployment rate as the cyclical measure, we find real wages of stayers in the private sector in West Germany but not East Germany … public sector in neither country. Thus real wage flexibility is similar in the two countries, apart from East Germany …