Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/35359
Authors: 
Radowski, Daniel
Bonin, Holger
Year of Publication: 
2009
Series/Report no.: 
IZA discussion papers 3923
Abstract: 
The paper uses a new German employer survey on wage setting practices to analyze incidence and sources of nominal wage rigidity in services vs. manufacturing. We observe that wage freezes are significantly more frequent and wage cuts less frequent in services. Reasons preventing wage cuts reported by employers suggest that fear of excess worker turnover could explain this distinct behavior.
Subjects: 
Nominal wage rigidity
efficiency wages
manufacturing and services
Germany
JEL: 
J31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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