Narrow search
Showing 1 - 10 of 24,389
Cover Image
Endogenous wage rigidity
Agell, Jonas; Bennmarker, Helge - 2003
wage rigidity can be traced to behavioral mechanisms involving negative reciprocity, relative wage comparisons and money …
Persistent link: https://www.econbiz.de/10011511094
Cover Image
Wage policy and endogenous wage rigidity : a representative view from the inside
Agell, Jonas; Bennmarker, Helge - 2002
We report the results from a representative survey of human resource managers in 885 Swedish firms. We estimate that during the severe recession of the 1990s, only 1.1 percent of workers took a cut in regular nominal pay. We trace the lack of wage moderation to a combination of exogenous...
Persistent link: https://www.econbiz.de/10011410449
Cover Image
Wage policy and endogenous wage rigidity : a representative view from the inside
Agell, Jonas; Bennmarker, Helge - 2002
We report the results from a representative survey of human resource managers in 885 Swedish firms. We estimate that during the severe recession of the 1990s, only 1.1 percent of workers took a cut in regular nominal pay. We trace the lack of wage moderation to a combination of exogenous...
Persistent link: https://www.econbiz.de/10011572946
Cover Image
Endogenous Wage Rigidity
Agell, Jonas; Bennmarker, Helge - 2021
wage rigidity can be traced to behavioral mechanisms involving negative reciprocity, relative wage comparisons and money …
Persistent link: https://www.econbiz.de/10013319648
Cover Image
Wage Policy and Endogenous Wage Rigidity : A Representative View from the Inside
Agell, Jonas; Bennmarker, Helge - 2021
We report the results from a representative survey of human resource managers in 885 Swedish firms. We estimate that during the severe recession of the 1990s, only 1.1 percent of workers took a cut in regular nominal pay. We trace the lack of wage moderation to a combination of exogenous...
Persistent link: https://www.econbiz.de/10013320436
Cover Image
Nominal and Real Wage Flexibility in EMU
Arpaia, Alfonso - 2008
Both common macroeconomic shocks and country-specific developments have subjected the flexibility of wage setting mechanisms in the euro area to a stress test in recent years. Against this background, this paper takes a fresh look at wage flexibility in EMU and attempts to draw a few lessons...
Persistent link: https://www.econbiz.de/10012726427
Cover Image
Why firms avoid cutting wages : survey evidence from European firms
Du Caju, Philip; Kosma, Theodora; Lawless, Martina; … - 2013
The rarity with which firms reduce nominal wages has been frequently observed, even in the face of considerable negative economic shocks. This paper uses a unique survey of fourteen European countries to ask firms directly about the incidence of wage cuts and to assess the relevance of a range...
Persistent link: https://www.econbiz.de/10011590264
Cover Image
Wage Flexibility and Labour Market Institutions : A Meta-Analysis
Clar, Miquel - 2007
Evidence during the nineties about the response of real wages to shocks highlights that this response is substantially lower in European countries than in the United States and that there are important differences among European countries. Which are the reasons that explain these different...
Persistent link: https://www.econbiz.de/10012777602
Cover Image
Work Motivation, Institutions, and Performance
Gächter, Simon; Falk, Armin - 2006
contracts. These remedies are reciprocity, repeated game effects, social embeddedness, and incentive contracts. In our baseline … treatment we find that reciprocity is a powerful contract enforcement device. A second experiment establishes that repeated game … effects interact with reciprocity in a complementary way, i.e., efficiency is increased compared to our baseline. Adding …
Persistent link: https://www.econbiz.de/10014036197
Cover Image
The Myth of Equality in the Employment Relation
Bagchi, Aditi - 2010
Although it is widely understood that employers and employees are not equally situated, we fail adequately to account for this inequality in the law governing their relationship. We can best understand this inequality in terms of status, which encompasses one's level of income, leisure and...
Persistent link: https://www.econbiz.de/10014209967