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Ausmaß und reale Konsequenzen nach unten starrer Nominallöhne

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  • Barno Blaes

Abstract

Dieser Beitrag analysiert die Existenz, das Ausmaß sowie die realwirtschaftlichen Implikationen nach unten starrer Nominallöhne in Deutschland. Unter Verwendung von drei alternativen Modellvarianten für die proportionale Abwärtsnominallohnstarrheit wird auf Grundlage der IAB-Regionalstichprobe (1975–2001) nachgewiesen, dass das Ausmaß der Abwärtsnominallohnstarrheit in Deutschland erheblich ist. Die realen Implikationen der nach unten starren Nominallöhne sind bei konstantem Rigiditätsgrad umso höher, je geringer die Inflationsrate ausfällt. Für Inflationsraten unter zwei Prozent sind diese realen Effekte nicht mehr vernachlässigbar. Zusätzlich kann im Rahmen dieses Beitrags aufgezeigt werden, dass das Ausmaß der Abwärtsnominallohnstarrheit vom inflationären Umfeld selbst abhängt und in Phasen mit niedriger Inflation sinkt.

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  • Barno Blaes, 2008. "Ausmaß und reale Konsequenzen nach unten starrer Nominallöhne," Working Papers 048, Bavarian Graduate Program in Economics (BGPE).
    • Handle: RePEc:bav:wpaper:048_blaes
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    More about this item

    Keywords

    Nominal Wage Rigidity; Equilibrium Unemployment; Inflation Target; Phillips Curve; Lucas Critique; Germany;
    All these keywords.

    JEL classification:

    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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