The Extent and Consequences of Downward Nominal Wage Rigidity
收藏NBER1999-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7236
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资源简介:
Using the Panel Study of Income Dynamics, we find that true wage changes have many fewer nominal cuts and more nominal freezes than reported nominal wage changes. The data overwhelmingly rejects a model of flexible wage changes and provides some evidence against a model of perfect downward rigidity
提供机构:
美国国家经济研究局
创建时间:
1999-07-01



