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Aggregate wages display little cyclicality compared with what a standard model would predict. Wage rigidities are an … allocative efficiency on wages paid across firms. We show that this measure has improved progressively since before the recent … focus on the recent downturn and find that large firms were able to adjust wages more than small firms and that small firms …
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This paper analyses the differential in annual wage growth between temporary and permanent workers in Italy, separately …
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whether the historical relationship between wages and unemployment has weakened and whether composition effects moderated wage … growth. The results suggest a negative answer to both questions. Wages in the EU have not stopped reacting to unemployment … the EU, especially due to increasing average age and education level. In some Member States such as Germany, Italy …
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-effect ; labour market ; wages …
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