How wages change: Micro evidence from the International Wage Flexibility Project

被引:176
作者
Dickens, William T.
Goette, Lorenz
Groshen, Erica L.
Holden, Steinar
Messina, Julian
Schweitzer, Mark E.
Turunen, Jarkko
Ward, Melanie E.
机构
[1] Univ Zurich, CH-8006 Zurich, Switzerland
[2] Fed Reserve Bank New York, New York, NY 10045 USA
[3] Univ Oslo, N-0316 Oslo, Norway
[4] European Cent Bank, Frankfurt, Germany
[5] Univ Salerno, I-84100 Salerno, Italy
[6] Fed Reserve Bank Cleveland, Cleveland, OH 44114 USA
关键词
Workers' wages are not set in a spot market. Instead; the wages of most workers - at least those who do not switch jobs - typically change only annually and are mediated by a complex set of institutions and factors such as contracts; unions; standards of fairness; minimum wage policy; transfers of risk; and incomplete information. The goal of the International Wage Flexibility Project (IWFP) - a consortium of over 40 researchers with access to individual workers' earnings data for 16 countries - is to provide new microeconomic evidence on how wages change for continuing workers. We investigate the extent of wage flexibility; with a particular focus on the extent of downward wage rigidity; and explore how measures of wage flexibility are affected by the wage-setting regimes that typically vary by country;
D O I
10.1257/jep.21.2.195
中图分类号
F [经济];
学科分类号
02 ;
摘要
[No abstract available]
引用
收藏
页码:195 / 214
页数:20
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