Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/27636
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dc.contributor.authorRadowski, Danielen_US
dc.contributor.authorBonin, Holgeren_US
dc.date.accessioned2009-08-12T07:29:55Z-
dc.date.available2009-08-12T07:29:55Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/27636-
dc.description.abstractThe paper provides evidence concerning incidence and sources of nominal wage rigidity in services and manufacturing, using a new and large employer survey on wage and price setting behaviour for Germany. We observe that wage freezes are more frequent in services than in manufacturing, whereas wage cuts are less frequent. The significant sector gaps do not vanish after controlling for relevant firm characteristics influencing the incidence of wage freezes and wage cuts, notably coverage by collective agreements and the degree of price competition on the product market. An analysis of firms' view on the reasons preventing wage cuts suggests that specific fear of excess worker turnover could explain distinct wage setting behaviour in services.en_US
dc.language.isoengen_US
dc.publisher|aDeutsche Bundesbank |cFrankfurt a. M.-
dc.relation.ispartofseries|aDiscussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank |x2008,24en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordNominal Wage Rigidityen_US
dc.subject.keywordEfficiency Wagesen_US
dc.subject.keywordManufacturing and Servicesen_US
dc.subject.keywordGermanyen_US
dc.subject.stwLohnrigiditäten_US
dc.subject.stwLohnbildungen_US
dc.subject.stwDienstleistungssektoren_US
dc.subject.stwEffizienzlohnen_US
dc.subject.stwVerarbeitendes Gewerbeen_US
dc.subject.stwDeutschlanden_US
dc.titleSectoral differences in wage freezes and wage cuts: evidence from a new firm surveyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn584593732en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:bubdp1:7447-

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