How Prevalent Is Downward Rigidity in Nominal Wages? Evidence from Payroll Records in Washington State
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https://www.nber.org/papers/w25470
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资源简介：
For more than 80 years, many macroeconomic analyses have been premised on the assumption that workers nominal wage rates cannot be cut. The U.S. evidence on this assumption has been inconclusive because of distortions from reporting error in household surveys. Following a British literature, we
提供机构：
美国国家经济研究局
创建时间：
2019-01-01
