A replication note on downward nominal and real wage rigidity: survey evidence from European firms
Sep 21, 2015
Articles in journals
Martins, F., Dias, D., Marques, C.R.
This note shows that the models estimated in Babecky et al. (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.
base-wage rigidity,wage freezes,wage cuts,probit model