Cornelissen, Thomas; Huebler, Oloaf - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2006
individual extent of wage rigidity. This is expressed by the wage sweep-up, which measures by how much individual wage growth … setting. We find robust negative effects of wage sweep-up on quits and layoffs and some evidence for a positive association of … wage sweep-up and promotion opportunities. This is consistent with a core-periphery view of the labour force, where a core …