• 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