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Nominal and real wage rigidity in a friction model

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  • Christofides, Louis N.
  • Li, Dingding

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  • Christofides, Louis N. & Li, Dingding, 2005. "Nominal and real wage rigidity in a friction model," Economics Letters, Elsevier, vol. 87(2), pages 235-241, May.
  • Handle: RePEc:eee:ecolet:v:87:y:2005:i:2:p:235-241
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    References listed on IDEAS

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    1. Joseph G. Altonji & Paul J. Devereux, 1999. "The Extent and Consequences of Downward Nominal Wage Rigidity," NBER Working Papers 7236, National Bureau of Economic Research, Inc.
    2. Fehr, Ernst & Goette, Lorenz, 2005. "Robustness and real consequences of nominal wage rigidity," Journal of Monetary Economics, Elsevier, vol. 52(4), pages 779-804, May.
    3. MacLeod, W Bentley & Malcomson, James M, 1993. "Investments, Holdup, and the Form of Market Contracts," American Economic Review, American Economic Association, vol. 83(4), pages 811-837, September.
    4. Kuroda, Sachiko & Yamamoto, Isamu, 2003. "Are Japanese Nominal Wages Downwardly Rigid? (Part II): Examinations Using a Friction Model," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 21(2), pages 31-68, August.
    5. Louis N. Christofides & Thanasis Stengos, 2003. "Wage Rigidity in Canadian Collective Bargaining Agreements," ILR Review, Cornell University, ILR School, vol. 56(3), pages 429-448, April.
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    Cited by:

    1. Holden , Steinar & Wulfsberg, Fredrik, 2009. "Wage Rigidity, Institutions, and Inflation," Memorandum 03/2009, Oslo University, Department of Economics.
    2. repec:dau:papers:123456789/11159 is not listed on IDEAS
    3. Barno Blaes, 2008. "Abwärtsnominal- und Tariflohnstarrheit in Deutschland," Working Papers 049, Bavarian Graduate Program in Economics (BGPE).
    4. N. Gregory Mankiw, 2007. "Comments Presented at Federal Reserve Conference Price Dynamics: Three Open Questions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(s1), pages 187-192, February.
    5. Barno Blaes, 2008. "Ausmaß und reale Konsequenzen nach unten starrer Nominallöhne," Working Papers 048, Bavarian Graduate Program in Economics (BGPE).
    6. Sanvi Avouyi-Dovi & Denis Fougère & Erwan Gautier, 2013. "Wage Rigidity, Collective Bargaining, and the Minimum Wage: Evidence from French Agreement Data," The Review of Economics and Statistics, MIT Press, vol. 95(4), pages 1337-1351, October.
    7. Omori, Yasuhiro & Miyawaki, Koji, 2010. "Tobit model with covariate dependent thresholds," Computational Statistics & Data Analysis, Elsevier, vol. 54(11), pages 2736-2752, November.
    8. Steinar Holden & Fredrik Wulfsberg, 2014. "Wage Rigidity, Inflation, and Institutions," Scandinavian Journal of Economics, Wiley Blackwell, vol. 116(2), pages 539-569, April.
    9. Kodama, Naomi & Inui, Tomohiko & Kwon, Hyeogug, 2014. "A Decomposition of the Decline in Japanese Nominal Wages in the 1990s and 2000s," CIS Discussion paper series 631, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    10. Joan Daouli & Michael Demoussis & Nicholas Giannakopoulos & Ioannis Laliotis, 2016. "The 2011 Industrial Relations Reform and Nominal Wage Adjustments in Greece," Journal of Labor Research, Springer, vol. 37(4), pages 460-483, December.
    11. Holden, Steinar & Wulfsberg, Fredrik, 2009. "How strong is the macroeconomic case for downward real wage rigidity?," Journal of Monetary Economics, Elsevier, vol. 56(4), pages 605-615, May.

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