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Ausmaß und Konsequenz von Lohnrigiditäten (Extent and consequences of wage regidities)

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  • Pfeiffer, Friedhelm

Abstract

"In this paper, the extent and consequences of nominal and negotiated wage rigidities are examined micro-economically and micro-econometrically. The analysis shows that wage rigidities are by no means rare in Germany. They lead to bloated wages and considerable wage increases and, at the limit, to negative employment effects. In comparison to a world of completely flexible wages the annual wage changes are more compressed due to rigidities. A further finding of this study is that there seem to be only few differences, hardly any of them fundamental, between men and women regarding the existence and the consequences of wage rigidities." (Author's abstract, IAB-Doku) ((en))

Suggested Citation

  • Pfeiffer, Friedhelm, 2003. "Ausmaß und Konsequenz von Lohnrigiditäten (Extent and consequences of wage regidities)," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 36(4), pages 616-633.
    • Handle: RePEc:iab:iabmit:v:36:i:4:p:616-633
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    References listed on IDEAS

    as
    1. Christoph Knoppik & Thomas Beissinger, 2003. "How Rigid are Nominal Wages? Evidence and Implications for Germany," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(4), pages 619-641, December.
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    4. Joseph G. Altonji & Paul J. Devereux, 1999. "The Extent and Consequences of Downward Nominal Wage Rigidity," NBER Working Papers 7236, National Bureau of Economic Research, Inc.
    5. Fehr, Ernst & Goette, Lorenz, 2005. "Robustness and real consequences of nominal wage rigidity," Journal of Monetary Economics, Elsevier, vol. 52(4), pages 779-804, May.
    6. Sinn, Hans-Werner, 1997. "Kapitalbeteiligung und Lohndifferenzierung : ein Vorschlag zur Lösung der Beschäftigungskrise," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 30(4), pages 822-827.
    7. Ulrich Kaiser & Friedhelm Pfeiffer, 2001. "Collective Wage Agreements and Firms’ Employment Policies," LABOUR, CEIS, vol. 15(2), pages 317-341, June.
    8. repec:mhr:wiseot:urn:isbn:9783161476075 is not listed on IDEAS
    9. Thomas Beissinger & Chritoph Knoppik, 2005. "Sind Nominallöhne starr? Neuere Evidenz und wirtschaftspolitische Implikationen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 6(2), pages 171-188, May.
    10. Malcomson, James M., 1999. "Individual employment contracts," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 35, pages 2291-2372, Elsevier.
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