Resources

2 Resources for

wage rigidity

Endogenous Wage Rigidity: This paper uses a random survey of Swedish human resource managers to study the reasons for wage rigidity. The findings are as follows. First, during the exceptional recession of the 1990s only 1.1 percent of workers received a wage cut. Second, much wage rigidity can be traced to behavioral mechanisms...; Tags: Wage Rigidity; White papers 2003-08-21
Wage Policy and Endogenous Wage Rigidity: A Representative View From the Inside: This paper reports the results from a representative survey of human resource managers in 885 Swedish firms. It estimates that during the severe recession of the 1990s, only 1.1 percent of workers took a cut in regular nominal pay. The analysis suggests that endogenous wage rigidity plays an important role...; Tags: Institute For Labour Market Policy Evaluation, Wage Rigidity; White papers 2002-08-20

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