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This paper explores the existence of downward real wage rigidity (drwr) in 19 oecd countries, over the period 1973–1999, using data for hourly nominal earnings at industry level. Based on a nonparametric statistical method, which allows for country and year specific variation in both the...
Persistent link: https://www.econbiz.de/10005652295
This paper explores the existence of downward nominal wage rigidity (DNWR) in the industry sectors of 14 European countries, over the period 1973–1999, using a data set of hourly nominal wages at industry level. Based on a novel nonparametric statistical method, which allows for country and...
Persistent link: https://www.econbiz.de/10005652419
This paper explores the existence of downward real wage rigidity (drwr) in 19 OECD countries, over the period 1973–1999, using data for hourly nominal earnings at industry level. Based on a nonparametric statistical method, which allows for country and year specific variation in both the...
Persistent link: https://www.econbiz.de/10004990412
A number of recent studies have documented extensive downward nominal wage rigidity (DNWR) for job stayers in many OECD countries. However, DNWR for individual workers may induce downward rigidity or "a floor" for the aggregate wage growth at positive or negative levels. Aggregate wage growth...
Persistent link: https://www.econbiz.de/10004990415
This paper explores the existence of downward nominal wage rigidity (DNWR) in the industry sectors of 14 European countries, over the period 1973–1999, using a data set of hourly nominal wages at industry level. Based on a novel nonparametric statistical method, which allows for country and...
Persistent link: https://www.econbiz.de/10004990417
Persistent link: https://www.econbiz.de/10003795950
Persistent link: https://www.econbiz.de/10000936658
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Persistent link: https://www.econbiz.de/10012097495
The Norwegian authorities pursue active labour market policies to fight unemployment by qualifying the unemployed in a wide range of programmes. We discuss theoretically and investigate empirically the effects such policies might have on the wage curve using a panel of more than 5400 Norwegian...
Persistent link: https://www.econbiz.de/10012143553