ASYMMETRIC WAGE CHANGES AND DOWNWARD NOMINAL WAGE RIGIDITY
ASYMMETRIC WAGE CHANGES AND DOWNWARD NOMINAL WAGE RIGIDITY
复制标题
工资变化不对称和名义工资刚性下降
DOI:
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发表时间:
2000
期刊:
影响因子:
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通讯作者:
Kenneth J. McLaughlin
中科院分区:
文献类型:
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作者:
Kenneth J. McLaughlin
This paper contains estimates of the components of skewness in the distribution of wage changes in panel data. How much of the skewness is attributable to downward nominal wage rigidity—a question of great importance for monetary policy—and how much is attributable to other factors (e.g., downward real wage rigidity, mixing bias, and selection bias)? The theme is that there is more to downward nominal wage rigidity than skewness of wage changes.