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  • 标题:Downward Nominal Wage Rigidity in a Cross Section: An Analysis of Linked Employer-Employee Data for the Years 1995 to 2007
  • 本地全文:下载
  • 作者:Heiko Stüber
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2012
  • 卷号:32
  • 期号:2
  • 页码:1797-1812
  • 出版社:Economics Bulletin
  • 摘要:Applying unconditional quantile regression to a linked employer-employee dataset from Germany, I show that downward nominal wage rigidity (DNWR) affects workers not only at the lower tail of the wage change distribution but over the entire distribution. The effect of the inflation rate on the workers' wage changes differs between and within the percentiles of the wage change distribution. The effect is conditional on the workers' individual characteristics and on the firm characteristics, and the conditional effects also differ over the wage change distribution.
  • 关键词:Downward Nominal Wage Rigidity; Wage Stickiness; Wage Compression; Unconditional Quantile Regression
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