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Wage Rigidity, Institutions, and Inflation

Holden, Steinar; Wulfsberg, Fredrik - 2021

A number of recent studies have documented extensive downward nominal wage rigidity (DNWR) for job stayers in many OECD countries. However, DNWR for individual workers may induce downward rigidity or "a floor" for the aggregate wage growth at positive or negative levels. Aggregate wage growth...

Persistent link: https://www.econbiz.de/10013316399

Are Real Wages Rigid Downwards?

Holden, Steinar - 2013

This paper explores the existence of downward real wage rigidity (DRWR) in 19 OECD countries, over the period 1973-1999, using data for hourly nominal earnings at industry level. Based on a nonparametric statistical method, which allows for country and year specific variation in both the median...

Persistent link: https://www.econbiz.de/10012753919

Exports and Property Prices in France : Are They Connected?

Égert, Balázs - 2013

France has seen a marked deterioration in its export performance in the last 10 years or so. Previous empirical … research pointed out that weak export performance was due to i) vigorous domestic demand; ii) lower mark-ups due to head …. Our econometric analysis shows that the resource reallocation argument helps explain French export performance between the …

Persistent link: https://www.econbiz.de/10013094744

High-Skilled Migration and Agglomeration

Kerr, Sari Pekkala - 2017

This paper reviews recent research regarding high-skilled migration. We adopt a data-driven perspective, bringing together and describing several ongoing research streams that range from the construction of global migration databases, to the legal codification of national policies regarding...

Persistent link: https://www.econbiz.de/10012964619