Search

Content Types

Topics

JEL Codes

Locations

Departments

Authors

Sources

Statuses

Published After

Published Before

41 Results

The Employment Costs of Downward Nominal-Wage Rigidity

Staff Working Paper 2000-1 Jean Farès, Seamus Hogan
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. […]
Content Type(s): Staff research, Staff working papers Topic(s): Labour markets JEL Code(s): C, C3, C33, J, J2, J23, J3, J31
Go To Page