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Why do wages become more rigid during a recession than during a boom?

Izumi Yokoyama ()

IZA Journal of Labor Economics, 2014, vol. 3, issue 1, 1-23

Abstract: J30; J33; J63 Copyright Yokoyama; licensee Springer. 2014

Keywords: Wage rigidity; Performance pay; Performance-based layoffs (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1186/2193-8997-3-6

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