Downward Nominal Wage Rigidity in a Cross Section: An Analysis of Linked Employer-Employee Data for the Years 1995 to 2007

Heiko Stüber

Economics Bulletin, 2012, vol. 32, issue 2, 1797-1812

Abstract: Applying unconditional quantile regression to a linked employer-employee dataset from Germany, I show that downward nominal wage rigidity (DNWR) affects workers not only at the lower tail of the wage change distribution but over the entire distribution. The effect of the inflation rate on the workers' wage changes differs between and within the percentiles of the wage change distribution. The effect is conditional on the workers' individual characteristics and on the firm characteristics, and the conditional effects also differ over the wage change distribution.

Keywords: Downward Nominal Wage Rigidity; Wage Stickiness; Wage Compression; Unconditional Quantile Regression (search for similar items in EconPapers)
JEL-codes: E3 J3 (search for similar items in EconPapers)
Date: 2012-06-27
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2012/Volume32/EB-12-V32-I2-P174.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-12-00077

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().