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Title:Fairness, Reciprocity, and Wage Rigidity PDF Logo
Authors:Bewley, Truman
Issue Date:2004
Series/Report no.:IZA Discussion paper series 1137
Abstract:This paper contains a review of empirical work related to wage rigidity, where researchers have collected their own data. The work includes field studies, economic experiments, and psychological surveys. Economists have done the field studies and experiments, and management scientists and experimental psychologists have done the surveys. There is a remarkable agreement among the observations of all these investigators.
Subjects:wage and salary determination
wage rigidity
unemployment
layoffs
hiring and firing
JEL:J31
E32
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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