Purpose – This paper aims to explore the incidence of nominal and real wage cuts in the Finnish private sector during the 1990s. Design/methodology/approach – Estimation of econometric models for the probability of wage cuts using individual‐level wage survey data from the payroll records...

Purpose – This paper aims to explore the incidence of nominal and real wage cuts in the Finnish private sector during the 1990s. Design/methodology/approach – Estimation of econometric models for the probability of wage cuts using individual-level wage survey data from the payroll records of...