Iregui, Ana María; Melo, Ligia Alba; Ramírez, María … - In: REVISTA DE ECONOMÍA DEL ROSARIO (2010)
mechanisms, the nature and sources of wage rigidities, and the linkbetween wages and prices. Existing literature has focused on … increases are time dependent. In addition, the most important factorswhen deciding wage increases are the firm´s financial … avoidthe loss of the more experienced and productive workers, which is related tothe efficiency wage theory. …