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...
Main Authors: | Adamopoulou, Effrosyni, Bobbio, Emmanuele, De Philippis, Marta, Giorgi, Federico |
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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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