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This paper documents nominal wage stickiness using an original quarterly firm-level dataset. We use the ACEMO survey, which reports the base wage for up to 12 employee categories in French firms over the period 1998 to 2005, and obtain the following main results. First, the quarterly frequency...
Persistent link: https://www.econbiz.de/10013137980
This paper documents nominal wage stickiness using an orignial quarterly firm-level dataset. We use the ACEMO survey, which reports the base wage for up to 12 employee categories in French firms over the period 1998 to 2005, and obtain the following main results. First, the quarterly frequency...
Persistent link: https://www.econbiz.de/10003778784
This paper examines empirically the dynamics of wage floors defined in industry-level wage agreements in France. It …
Persistent link: https://www.econbiz.de/10012910731
How do minimum wages (MW) shape the aggregate wage dynamics when wage adjustment is lumpy? In this paper, we document new empirical findings on the effect of MW on wage rigidity using quarterly micro wage data matched with sectoral bargained MW. We estimate a micro empirical model of wage...
Persistent link: https://www.econbiz.de/10012869631
This paper examines empirically the dynamics of wage floors defined in industry-level wage agreements in France. It …
Persistent link: https://www.econbiz.de/10011913448
This paper examines empirically how industry-level wage floors are set in French industry-level wage agreements and how the national minimum wage (NMW) interacts with industry-level wage bargaining. For this, we use a unique data set containing about 48,000 occupation-specific wage floors, in...
Persistent link: https://www.econbiz.de/10012995503
Persistent link: https://www.econbiz.de/10001675874
In the last decades, the OECD labor markets faced important labor supply changes with the arrival of women and the cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these supply trends imply more inexperienced workers. It then...
Persistent link: https://www.econbiz.de/10011410676
This paper investigates the wage-setting behaviour of Irish firms. We place particular emphasis on the use of flexible pay components and examine how these allow firms to deal with shocks requiring a reduction in costs without having to cut base wages. The results presented in this paper are...
Persistent link: https://www.econbiz.de/10003972850
Following the approach recently developed for the International Wage Flexibility Project (IWFP), the paper presents new estimates of downward real and nominal wage rigidity for Hungary. Results suggest that nominal rigidity is more prominent in Hungary than real rigidity. When compared to other...
Persistent link: https://www.econbiz.de/10009380436