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How rigid are nominal wages? : evidence and implications for Germany
Knoppik, Christoph; Beissinger, Thomas - 2001
lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10011403751
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How Rigid are Nominal Wages? Evidence and Implications for Germany
Knoppik, Christoph; Beissinger, Thomas - 2001
lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10010262566
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Does downward nominal wage rigidity dampen wage increases?
Stüber, Heiko; Beissinger, Thomas - 2010
Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity (DNWR). However, the resulting macroeconomic effects seem to be surprisingly weak. This contradiction can be explained within an intertemporal framework in which DNWR not only...
Persistent link: https://www.econbiz.de/10010286670
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Divergence in Labour Force Growth: Should Wages and Prices Grow Faster in Germany?
Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020
their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …
Persistent link: https://www.econbiz.de/10012250953
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Divergence in labour force growth: Should wages and prices grow faster in Germany?
Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020
their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to … impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the German …
Persistent link: https://www.econbiz.de/10012306499
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Does downward nominal wage rigidity dampen wage increases?
Stüber, Heiko; Beissinger, Thomas - 2010
Viele empirische Studien, die die Komprimierung von Lohnkürzungen betrachteten, finden einen hohen Grad an Abwärtsnominallohnstarrheit (ANLS). Die resultierenden makroökonomischen Effekte scheinen jedoch überraschend gering zu sein. Dieser Widerspruch kann in einem intertemporalen Rahmen...
Persistent link: https://www.econbiz.de/10008669641
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Does downward nominal wage rigidity dampen wage increases?
Stüber, Heiko; Beissinger, Thomas - 2010
Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity (DNWR). However, the resulting macroeconomic effects seem to be surprisingly weak. This contradiction can be explained within an intertemporal framework in which DNWR not only...
Persistent link: https://www.econbiz.de/10008779980
Cover Image
Does downward nominal wage rigidity dampen wage increases?
Stüber, Heiko; Beissinger, Thomas - 2010
Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity (DNWR). However, the resulting macroeconomic effects seem to be surprisingly weak. This contradiction can be explained within an intertemporal framework in which DNWR not only...
Persistent link: https://www.econbiz.de/10008810745
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Divergence in labour force growth : should wages and prices grow faster in Germany?
Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020
their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …
Persistent link: https://www.econbiz.de/10012255659
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Divergence in labour force growth : should wages and prices grow faster in Germany?
Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020
their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …
Persistent link: https://www.econbiz.de/10012252383