Hidden Bibliographic Details
| Other authors / contributors: | Decressin, Jörg.
International Monetary Fund. European I Department.
|
|---|
| ISBN: | 1451903200
9781451903201
|
|---|
| Notes: | Includes bibliographical references (pages 34-36).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
|
|---|
| Summary: | This paper investigates wage setting in (west) Germany using the German Socioeconomic Panel dataset on individuals and compares the findings with those available for the United Kingdom and the United States. The fraction of job stayers in (west) Germany who suffer unchanged wages or wage cuts compares with that in similar data for the Anglo-American countries, even after various adjustments for potential reporting errors. While nominal wages of job stayers are rigid downward, real wages are not. Nevertheless, the macroeconomic effects of the nominal rigidity are limited and cannot be weakened substantially by raising inflation.
|
|---|
| Other form: | Print version: Decressin, Anja. On sand and the role of grease in labor markets. [Washington, D.C.] : International Monetary Fund, ©2002
|
|---|
