Fabiani, Silvia; Galuscak, Kamil; Kwapil, Claudia; Lamo, Ana - In: Journal of the European Economic Association 8 (2010) 2-3, pp. 497-505
Based on an ad hoc firm-level survey on wage and pricing policies conducted in a large number of European countries, this study finds that about 60% of firms change base wages once a year with some clustering of wage changes observed in January. Differences in the frequency of wage changes...
