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Firms have multiple options at the time of adjusting their wage bills. However, previous literature has mainly focused on base wages. We broaden the analysis beyond downward rigidity in base wages by investigating the use of other margins of labour cost adjustment at the firm level. Using data...
Persistent link: https://www.econbiz.de/10003963801
This paper studies the recent trends in nominal wage rigidity in a large group of EU countries, using survey data. We …
Persistent link: https://www.econbiz.de/10011864159
We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages …
Persistent link: https://www.econbiz.de/10011997513