Are wages inflexible?
AbstractAn analysis of wage adjustments for hourly employees in the mid-1980s, finding that workers whose wages change often are likely to see larger fluctuations and those whose wages change infrequently tend to see smaller movements, and concluding that wage flexibility is in fact pervasive in the U.S. economy.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.
Volume (Year): (1995)
Issue (Month): Apr ()
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- Kenneth J. McLaughlin, 1999. "Are nominal wage changes skewed away from wage cuts?," Review, Federal Reserve Bank of St. Louis, issue May, pages 117-132.
- David E. Lebow & Raven E. Saks & Beth Anne Wilson, 1999. "Downward nominal wage rigidity: evidence from the employment cost index," Finance and Economics Discussion Series 1999-31, Board of Governors of the Federal Reserve System (U.S.).
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