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SSRN Electronic Journal
Article . 2007 . Peer-reviewed
Data sources: Crossref
EconStor
Research . 2007
Data sources: EconStor
EconStor
Research . 2007
Data sources: EconStor
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Are Real Wages Rigid Downwards?

Authors: Steinar Holden; Fredrik Wulfsberg;

Are Real Wages Rigid Downwards?

Abstract

This paper explores the existence of downward real wage rigidity (DRWR) in 19 OECD countries, over the period 1973–1999, using data for hourly nominal earnings at industry level. Based on a nonparametric statistical method, which allows for country and year specific variation in both the median and the dispersion of industry wage changes, we find evidence of some downward rigidity of real wages in OECD countries overall, as well as for regions and time periods. There is some evidence that real wage cuts are less prevalent under strict employment protection legislation and high union density. Generally, we find stronger evidence for downward nominal than for downward real wage rigidity.

Country
Norway
Related Organizations
Keywords

VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212, Downward real wage rigidity, Lohnrigidität, downward real wage rigidity, OECD-Staaten, J50, C14, C15, J30, Downward real wage rigidity; OECD; employment protection legislation; wage setting, E31, Lohnpolitik, ddc:330, JEL: J3, J5, JEL: E31, OECD, J3, downward real wage rigidity, OECD, employment protection legislation, wage setting, employment protection legislation, Arbeitnehmerschutz, JEL: J5, JEL: C15, wage setting, JEL: C14, jel: jel:J50, jel: jel:E31, jel: jel:C14, jel: jel:C15, jel: jel:J30

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
Green