Cornelißen, Thomas; Hübler, Olaf - Institute for the Study of Labor (IZA) - 2005
find negative effects of wage sweep-up on quits, layoffs and promotions. This is consistent with a core-periphery view of … rigidity on layoffs, quits and intra-firm mobility are investigated. We measure the individual extent of wage rigidity within a … the labour force, where a core work force is at the same time protected from layoffs and from wage cuts, whereas a …