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The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …
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In this paper we examine nominal earnings flexibility in Ireland during the Great Recession. The Irish case is … flexibility in Ireland in the pre-crisis period. Furthermore, we observe a significant change in wage dynamics since the crisis …
Persistent link: https://www.econbiz.de/10011417244
have been hampered by small samples and measurement error. In this paper we examine nominal wage flexibility in Ireland … workers in Ireland taken from tax returns, which are free of reporting error. We find a substantial degree of downward wage …
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