Ahmed, Waqas; Choudhary, M. Ali; Khan, Sajawal; Naeem, Saima - In: Economic Modelling 38 (2014) C, pp. 296-304
We explore wage flexibility in a developing country and compare our results to what has been found in similar studies using European data. In particular, we conduct a survey of 1189 firms in Pakistan to analyze the determinants of wage rigidity. We find that the existence of competitive wages...