Downward nominal wage rigidity in services: Direct evidence from a firm survey

Daniel Radowski and Holger Bonin ()

Economics Letters, 2010, vol. 106, issue 3, 227-229

Abstract: The paper uses a new German employer survey on wage setting to analyze incidence and sources of nominal wage rigidity in services vs. manufacturing. Mainly for fear of excess worker turnover, wage cuts are significantly less frequent in services.

Keywords: Nominal; wage; rigidity; Efficiency; wages; Manufacturing; and; services; Germany (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (6)

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Working Paper: Downward Nominal Wage Rigidity in Services: Direct Evidence from a Firm Survey (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:106:y:2010:i:3:p:227-229

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