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Wage flexibility and employment fluctuations : evidence from the housing sector
Pischke, Jörn-Steffen - 2016
Many economists suspect that downward nominal wage rigidities in ongoing labor contracts are an important source of … compares three occupations in the housing sector with very different wage setting institutions, real estate agents, architects … labor demand shocks to the industry. The employment of real estate agents, whose pay is far more flexible than the other …
Persistent link: https://www.econbiz.de/10011517457
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Survey evidence on wage rigidity and unemployment : Sweden in the 1990s
Agell, Jonas; Lundborg, Per - 1999
contrary, we conclude that because of severe downward nominal wage rigidity real wages have become more rigid during Sweden s …
Persistent link: https://www.econbiz.de/10011536255
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Informal labour markets in Pakistan
Choudhary, M. Ali; Naeem, Saima; Gylfi Zoega - 2016
Persistent link: https://www.econbiz.de/10011540361
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Wage and price setting in Macedonia : evidence from survey data
Ramadani, Gani; Naumovski, Nikola - Narodna Banka na Republika Makedonija - 2015
operate in highly price competitive pressures; iv) downward nominal wage rigidity could be considered relatively high … associated with the extent of permanent contracts, and is more important compared to the low downward real wage rigidity; v …
Persistent link: https://www.econbiz.de/10011623540
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Survey evidence on wage rigidity and unemployment : Sweden in the 1990s
Agell, Jonas; Lundborg, Per - 1999
contrary, we conclude that because of severe downward nominal wage rigidity real wages have become more rigid during Sweden s …
Persistent link: https://www.econbiz.de/10011587572
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Wages, labor or prices : how do firms react to shocks?
Dhyne, Emmanuel; Druant, Martine - 2010
Survey results in 15 European countries for almost 15,000 firms reveal that Belgian firms react more than the average European firm to adverse shocks by reducing permanent and temporary employment. On the basis of a firm-level analysis, this paper confirms that the different reaction to shocks...
Persistent link: https://www.econbiz.de/10011596526
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The incidence of nominal and real wage rigidity : an individual-based sectoral approach
Messina, Julián; Du Caju, Philip; Duarte, Cláudia; … - 2010
This paper presents estimates based on individual data on downward nominal and real wage rigidities for thirteen … Wage Flexibility Project, whereby resistance to nominal and real wage cuts is measured through departures of observed … countries with rather centralised wage formation reduces the degree of real wage rigidity. This finding suggests that some …
Persistent link: https://www.econbiz.de/10011596534
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Survey Evidence on Wage Rigidity and Unemployment: Sweden in the 1990s
Agell, Jonas; Lundborg, Per - 1999
contrary, we conclude that - because of severe downward nominal wage rigidity - real wages have become more rigid during Sweden …
Persistent link: https://www.econbiz.de/10010321754
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Insights gained from conversations with labor market decision makers
Bewley, Truman F. - 2007
I describe insights into wage dynamics and downward wage rigidity obtained from more than two hundred interviews with businesspeople, labor leaders, and various labor market intermediaries and made in the early 1990s in the Northeast of the United States. I explain the morale explanation for...
Persistent link: https://www.econbiz.de/10011604822
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Wage-setting behavior in France: additional evidence from an ad-hoc survey
Montornès, Jérémi; Sauner-Leroy, Jacques-Bernard - 2009
degree of down-ward real wage rigidity and nominal wage rigidity in France compared to the European average. iii) About one …
Persistent link: https://www.econbiz.de/10011605148