Nominal Wage Rigidity in Village Labor Markets
نویسندگان
چکیده
منابع مشابه
Nominal Wage Rigidity in the United Kingdom
This paper studies the degree of downward rigidity in nominal wages in the United Kingdom using micro-data. Around 9% of employees who remain in the same job from one year to the next have zero pay growth. But on investigating the causes of rigidity we ®nd that up to ninetenths can be attributed to `symmetric' causes (such as contracts and menu costs) or to error. Thus only 1% of workers have p...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2019
ISSN: 0002-8282
DOI: 10.1257/aer.20141625