such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as …

such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as …

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage … stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs … percent don’t think wage cuts would save their jobs. For those who lost union jobs, 45 percent say contractual restrictions …

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage … stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs … wage cuts would save their jobs. For lost union jobs, 45 percent say contractual restrictions prevent wage cuts. Among …

In this paper we introduce reciprocity in labor relations and government sector to investigate how well the real wage …-shirking type that empha- size the importance of aggregate labor market conditions as the main determinant in wage setting, e … be quantitatively important for wage dynamics. Overall, the model with reciprocity and fiscal policy performs well vis …

In this paper we introduce reciprocity in labor relations and government sector to in- vestigate how well the real wage … employment rate, are not found to be quantitatively important for wage dynamics. Overall, the model with reciprocity and fiscal …

such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as …

such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as …

unobservable workers e ort by employers and wage contracts as in Shapiro and Stiglitz (1984), as well as a detailed government …

volatility of unemployment, while the efficiency wage mechanism fits better the cyclicality of the wage rate. …