Does Wage Compression Explain Rigid Money Wages?

Gylfi Zoega and Thorlakur Karlsson

No 516, Birkbeck Working Papers in Economics and Finance from Birkbeck, Department of Economics, Mathematics & Statistics

Abstract: There is a literature on the causes of wage rigidity and there is a literature on within firm wage structures. We use a survey of CEOs to show that the two are interlinked in that the proposed explanations for the compression of wages within firms also provide an explanation for wage rigidity.

Keywords: Wage compression; wage rigidity. (search for similar items in EconPapers)
JEL-codes: J24 J31 J42 (search for similar items in EconPapers)
Date: 2005-11
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (2)

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https://eprints.bbk.ac.uk/id/eprint/26970 First version, 2005 (application/pdf)

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Journal Article: Does wage compression explain rigid money wages? (2006)
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