Sticky wages: Evidence from quarterly microeconomic data
| dc.contributor.author | Le Bihan, Herve | |
| dc.contributor.author | Montornès, J. | |
| dc.contributor.author | Heckel, T. | |
| dc.date.accessioned | 2017-08-24T02:20:53Z | |
| dc.date.available | 2017-08-24T02:20:53Z | |
| dc.date.created | 2017-08-23T07:21:43Z | |
| dc.date.issued | 2012 | |
| dc.identifier.citation | Le Bihan, H. and Montornès, J. and Heckel, T. 2012. Sticky wages: Evidence from quarterly microeconomic data. American Economic Journal: Macroeconomics. 4 (3): pp. 01-32. | |
| dc.identifier.uri | http://hdl.handle.net/20.500.11937/55841 | |
| dc.identifier.doi | 10.1257/mac.4.3.1 | |
| dc.description.abstract |
Using an original micro-dataset from France, we investigate nominal wage stickiness. Nominal wage changes are found to occur at a quarterly frequency of around 38 percent over our sample period, and to be to a large extent staggered across establishments, and very synchronized within establishments. We carry out an econometric analysis of wage changes based on a two-threshold sample selection model. Our results are that the timing of wage adjustments is time-dependent as opposed to state-dependent, there is evidence of predetermination in wage changes, and both backward and forwardlooking behavior is relevant in wage setting. | |
| dc.title | Sticky wages: Evidence from quarterly microeconomic data | |
| dc.type | Journal Article | |
| dcterms.source.volume | 4 | |
| dcterms.source.number | 3 | |
| dcterms.source.startPage | 01 | |
| dcterms.source.endPage | 32 | |
| dcterms.source.issn | 1945-7707 | |
| dcterms.source.title | American Economic Journal: Macroeconomics | |
| curtin.department | School of Economics and Finance | |
| curtin.accessStatus | Fulltext not available |
Files in this item
| Files | Size | Format | View |
|---|---|---|---|
|
There are no files associated with this item. |
|||