The Robustness and Real Consequences of Nominal Wage Rigidity

The Robustness and Real Consequences of Nominal Wage Rigidity
Author :
Publisher :
Total Pages : 60
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ISBN-10 : UVA:X006111216
ISBN-13 :
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Book Synopsis The Robustness and Real Consequences of Nominal Wage Rigidity by : Ernst Fehr

Download or read book The Robustness and Real Consequences of Nominal Wage Rigidity written by Ernst Fehr and published by . This book was released on 2000 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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This paper formalizes and assesses empirically the implications of widely observed evidence for downward nominal wage rigidity (DNWR). It shows how a model of D