Employment effects of nominal-wage rigidity : an examination using wage-settlements data / by Umar Ahmed Faruqui.: FB3-2/100-14E-PDF
This paper focuses on the employment effect of DNWR (downward nominal-wage rigidity). It reviews the evidence presented by Simpson, Cameron, and Hum (1998), in light of a potential bias problem associated with their reduced-form model.We describe modifications to their employment model that aim to better isolate the effects of DNWR on employment growth.--Abstract
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| Title | Employment effects of nominal-wage rigidity : an examination using wage-settlements data / by Umar Ahmed Faruqui. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Other formats | Physical text-[English] |
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| Description | 30p.references, tables |
| ISSN | 1701-9397 |
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