Reallocation and the role of firm composition effects on aggregate wage dynamics

"Aggregate wages display little cyclicality compared to what a standard model would predict. Wage rigidities are an obvious candidate but a recent strand of the literature has emphasized the need to take into account the growing importance of worker composition effects during downturns. With re...

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Bibliographic Details
Main Authors: Adamopoulou, Effrosyni, Bobbio, Emmanuele, De Philippis, Marta, Giorgi, Federico
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2018
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19397419124911156919-Reallocation-and-the-role-of-f.htm

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