A replication note on downward nominal and real wage rigidity: survey evidence from European firms

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• 作者：Daniel A. Dias ; Carlos R. Marques ; Fernando Martins
• 关键词：Base ; wage rigidity ; Wage freezes ; Wage cuts ; Probit model ; C35 ; J31 ; J50
• 刊名：Empirical Economics
• 出版年：2015
• 出版时间：November 2015
• 年：2015
• 卷：49
• 期：3
• 页码：1143-1152
• 全文大小：394 KB
• 参考文献：Altonji JG, Devereux PJ (2000) The extent and consequences of downward nominal wage rigidity. In: Worker well-being, vol 19. Elsevier, Amsterdam, pp 383-31
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• 作者单位：Daniel A. Dias (1) (2)
  Carlos R. Marques (3)
  Fernando Martins (3) (4) (5)
  
  1. Department of Economics, University of Illinois at Urbana-Champaign, Urbana, IL, USA
  2. CEMAPRE, Lisbon, Portugal
  3. Research Department, Banco de Portugal, Lisbon, Portugal
  4. ISEG, Technical University of Lisbon, Lisbon, Portugal
  5. Universidade Lusíada de Lisboa, Lisbon, Portugal
  
• 刊物主题：Econometrics; Statistics for Business/Economics/Mathematical Finance/Insurance; Economic Theory;
• 出版者：Springer Berlin Heidelberg
• ISSN：1435-8921

文摘

This note shows that the models estimated in Babecky et al. (Scand J Econ 112(4):884-10, 2010) do not allow identifying the determinants of downward nominal wage rigidity and provides new empirical evidence on the importance of downward nominal wage rigidity and its determinants in several European countries. Keywords Base-wage rigidity Wage freezes Wage cuts Probit model