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Google圖書搜尋
Downward Wage Rigidity for Different Workers and Firms
Philip Du Caju
Catherine Fuss
Ladislav Wintr
其他書名
An Evaluation for Belgium Using the IWFP Procedure
出版
European Central Bank
, 2007
URL
http://books.google.com.hk/books?id=PB5IOgAACAAJ&hl=&source=gbs_api
註釋
This paper evaluates the extent of downward nominal and real wage rigidity for different categories of workers and firms using the methodology recently developed by the International Wage Flexibility Project(Dickens and Goette, 2006). The analysis is based on an administrative data set on individual earnings, covering one-third of employees of the private sector in Belgium over the period 1990-2002. Our results show that Belgium is characterised by strong real wage rigidity and very low nominal wage rigidity, consistent than for blue-collar workers. Real rigidity decreases with age and wage level. Wage rigidity appears to belower in firms experiencing down turns. Finally, smaller firms and firms with lower job quit rates appear to have more rigid wages. Our results are robust to alternative measures of rigidity.
