Agell, Jonas; Bennmarker, Helge - Nationalekonomiska institutionen, Stockholms Universitet - 2002
wage moderation to a combination of exogenous (primarily labor law and collective bargaining contracts) and endogenous … factors. Our analysis suggests that (i) endogenous wage rigidity plays an important role in most segments of the labor market …, (ii) sources of endogenous wage rigidity differ significantly between the high- and low-end of the labor market, and …