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Bank of Canada RSS Feedsen2024-03-28T19:46:13+00:00The Employment Costs of Downward Nominal-Wage Rigidity
https://www.bankofcanada.ca/2000/01/working-paper-2000-1/
In this paper, we use firm-level wage and employment data to address whether there is evidence of downward nominal-wage rigidity, and whether that rigidity is associated with a reduction in employment. We describe an estimation bias that can result when estimating reduced-form wage and employment equations and suggest a way of controlling for that bias. […]2000-01-06T14:05:50+00:00enThe Employment Costs of Downward Nominal-Wage Rigidity2000-01-06Labour marketsWorking Paper 2000-1 https://www.bankofcanada.ca/wp-content/uploads/2010/01/wp00-1.pdfThe Employment Costs of Downward Nominal-Wage RigidityJean FarèsSeamus HoganJanuary 2000CC3C33JJ2J23J3J31