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Sectoral differences in downward real wage rigidity: workforce composition, institutions, technology and competition

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  • P. Du Caju
  • C. Fuss
  • L. Wintr

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Abstract

Dieser Artikel untersucht, ob die branchenspezifischen Unterschiede in der Lohnstarrheit durch Unterschiede in der Arbeitskraftstruktur, Tariflohnverhandlung, Technologie und Wettbewerb hervorgerufen werden. Unsere Ergebnisse zeigen, personen- und firmenbezogenen Daten einer belgischen Sozialversicherungsstatistik von 1990 bis 2002 benutzend, dass die Abwärtsreallohnstarrheit höher für Angestellte, niedriger für ältere und besser verdienende Beschäftigte ist. Jenseits der durch die Arbeitskräftezusammensetzung bedingten Auswirkungen zeigen wir, dass Löhne in Branchen mit vorherrschend zentralisierter Lohnbildung auf Branchenebene im Vergleich zu Übereinkünften auf Firmenebene eine höhere Lohnstarrheit aufweisen. Gleiches gilt für arbeits- und wettbewerbsintensivere Branchen. Copyright Institut für Arbeitsmarkt- und Berufsforschung 2012

Suggested Citation

  • P. Du Caju & C. Fuss & L. Wintr, 2012. "Sectoral differences in downward real wage rigidity: workforce composition, institutions, technology and competition," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 45(1), pages 7-22, March.
  • Handle: RePEc:spr:jlabrs:v:45:y:2012:i:1:p:7-22
    DOI: 10.1007/s12651-012-0100-3
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    Cited by:

    1. Philip Du Caju & Catherine Fuss & Ladislav Wintr, 2012. "Downward Wage Regidity for Different Workers and Firms," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 55(1), pages 5-32.
    2. Philip Du Caju & Theodora Kosma & Martina Lawless & Julian Messina & Tairi Rõõm, 2013. "Why firms avoid cutting wages: Survey evidence from European firms," Working Paper Research 251, National Bank of Belgium.
    3. Pierpaolo Benigno & Luca Antonio Ricci & Paolo Surico, 2015. "Unemployment and Productivity in the Long Run: The Role of Macroeconomic Volatility," The Review of Economics and Statistics, MIT Press, vol. 97(3), pages 698-709, July.
    4. Gábor Kátay, 2011. "Downward wage rigidity in Hungary," MNB Working Papers 2011/9, Magyar Nemzeti Bank (Central Bank of Hungary).
    5. Fernando Martins, 2013. "Survey evidence on price and wage rigidities in Portugal," Working Papers w201312, Banco de Portugal, Economics and Research Department.
    6. Boris Hirsch & Thomas Zwick, 2015. "How Selective Are Real Wage Cuts? A Micro-analysis Using Linked Employer–Employee Data," LABOUR, CEIS, vol. 29(4), pages 327-347, December.
    7. Santoro, Emiliano & Petrella, Ivan & Pfajfar, Damjan & Gaffeo, Edoardo, 2014. "Loss aversion and the asymmetric transmission of monetary policy," Journal of Monetary Economics, Elsevier, vol. 68(C), pages 19-36.
    8. Pierpaolo Benigno & Luca Antonio Ricci & Paolo Surico, "undated". "Unemployment and productivity in long-run: the role of macroeconomic volatility," Working Papers wp2011-5, Department of the Treasury, Ministry of the Economy and of Finance.
    9. Daniel Dias & Carlos Marques & Fernando Martins, 2015. "A replication note on downward nominal and real wage rigidity: survey evidence from European firms," Empirical Economics, Springer, vol. 49(3), pages 1143-1152, November.
    10. Daniel Dias & Carlos Robalo Marques & Fernando Martins, 2013. "The determinants of downward wage rigidity: Some methodological considerations and new empirical evidence," Economic Bulletin and Financial Stability Report Articles, Banco de Portugal, Economics and Research Department.
    11. Philip Du Caju & Theodora Kosma & Martina Lawless & Julian Messina & Tairi Rõõm, 2013. "Why firms avoid cutting wages: Survey evidence from European firms," Working Paper Research 251, National Bank of Belgium.

    More about this item

    Keywords

    Wage rigidity; Matched employer-employee data; Wage-bargaining institutions; Downward real wage rigidity; J31;

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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