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Nominal wage stickiness is an important component of recent medium-scale macroeconomic models, but to date there has been little microeconomic evidence supporting the assumption of sluggish nominal wage adjustment. We present evidence on the frequency of nominal wage adjustment using data from...
Persistent link: https://www.econbiz.de/10008764354
This paper investigates earnings and wage inequality trends in several LIS countries in the 1980's. It finds a trend toward greater wage inequality in virtually all LIS countries, thus providing some evidence that technological change may explain a larger fraction of earnings and wage inequality...
Persistent link: https://www.econbiz.de/10011652792
Looks into the links between structural change in industrialized countries and the rise of income inequality. Includes a useful literature review on inequality in the U.S.
Persistent link: https://www.econbiz.de/10011652811
Nominal wage stickiness is an important component of recent medium-scale structural macroeconomic models, but to date there has been little microeconomic evidence supporting the assumption of sluggish nominal wage adjustment. We present evidence on the frequency of nominal wage adjustment using...
Persistent link: https://www.econbiz.de/10010269928
Nominal wage stickiness is an important component of recent medium-scale macroeconomic models, but to date there has been little microeconomic evidence supporting the assumption of sluggish nominal wage adjustment. We present evidence on the frequency of nominal wage adjustment using data from...
Persistent link: https://www.econbiz.de/10010280950
Persistent link: https://www.econbiz.de/10005102702
Persistent link: https://www.econbiz.de/10000919070
Persistent link: https://www.econbiz.de/10001254701
Persistent link: https://www.econbiz.de/10008666455
Persistent link: https://www.econbiz.de/10003983614