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Empirical Economics

, Volume 49, Issue 3, pp 1143–1152 | Cite as

A replication note on downward nominal and real wage rigidity: survey evidence from European firms

  • Daniel A. Dias
  • Carlos R. Marques
  • Fernando MartinsEmail author
Article

Abstract

This note shows that the models estimated in Babecký et al. (Scand J Econ 112(4):884–910, 2010) do not allow identifying the determinants of downward nominal wage rigidity and provides new empirical evidence on the importance of downward nominal wage rigidity and its determinants in several European countries.

Keywords

Base-wage rigidity Wage freezes Wage cuts Probit model 

JEL Classification

C35 J31 J50 

Notes

Acknowledgments

The authors would like to thank Claudia Duarte and Pedro Portugal for helpful discussions and useful suggestions.

References

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Copyright information

© Springer-Verlag Berlin Heidelberg 2015

Authors and Affiliations

  • Daniel A. Dias
    • 1
    • 2
  • Carlos R. Marques
    • 3
  • Fernando Martins
    • 3
    • 4
    • 5
    Email author
  1. 1.Department of EconomicsUniversity of Illinois at Urbana-ChampaignUrbanaUSA
  2. 2.CEMAPRELisbonPortugal
  3. 3.Research DepartmentBanco de PortugalLisbonPortugal
  4. 4.ISEGTechnical University of LisbonLisbonPortugal
  5. 5.Universidade Lusíada de LisboaLisbonPortugal

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