Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/83533
Authors: 
Kézdi, Gábor
Kónya, István
Year of Publication: 
2012
Series/Report no.: 
MNB Occasional Papers 103
Abstract: 
This paper presents new evidence on the flexibility of the Hungarian labor market, with special emphasis on wages. The results are based on a new survey on wage setting among Hungarian firms. The survey is part of the Eurosystem Wage Dynamics Network (WDN), and it is a harmonized questionnaire administered in 17 countries in Europe, including almost all Euro Area countries as well as five Central and Eastern European countries. The survey results show that the Hungarian labor market, while institutionally flexible, appears to be surprisingly rigid. The survey evidence points to low turnover and possibly more rigid wages than previously thought.
Subjects: 
wage setting
survey
wage dynamics network
Hungary
JEL: 
C83
J01
J30
Document Type: 
Working Paper

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