- 1. Introduction
- 2. Theoretical background
- 2.1 Causes of downward wage rigidity
- 2.2 The effect of wage rigidity on mobility
- 3. Related literature
- 4. The data
- 5. The econometric model and estimation issues
- 6. Results
- 6.1 Estimates of the wage rigidity model
- 6.2 The effects of wage rigidity on mobility
- 7. Conclusion
- References
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