This study analyzes real wage cyclicality for male full-time workers within employer-employee matches in Germany over …

Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity … within an intertemporal framework in which DNWR not only prevents nominal wage cuts but also induces firms to compress wage … compression of wage increases and only very small effects of DNWR on average real wage growth. The results indicate that DNWR does …

, Brazil and Uruguay, relying on high quality matched employer-employee administrative data. Downward nominal wage rigidities … sample period, 1995-2004: (i) in Uruguay wage indexation declines, while workers' resistance to nominal wage cuts becomes …

The Friedman rule states that steady-state welfare is maximized when there is deflation at the real rate of interest …

in employment, whereas real wages are more rigid than in the standard model. With a low fairness reference the opposite … standard model. It also leads to an increase in the degree of real wage rigidity if the fairness reference is high and an … increase in the degree of real wage flexibility if the fairness reference is low. Thus, higher wages go hand in hand with more …

have been hampered by small samples and measurement error. In this paper we examine nominal wage flexibility in Ireland …

document the very large increase in the incidence of minimum wage earners and nominal wage freezes. We explore three different …