Radowski, Daniel; Bonin, Holger - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
reasons preventing wage cuts suggests that specific fear of excess worker turnover could explain distinct wage setting …The paper provides evidence concerning incidence and sources of nominal wage rigidity in services and manufacturing …, using a new and large employer survey on wage and price setting behaviour for Germany. We observe that wage freezes are more …