Nominal wage rigidity in the European Countries : evidence from the Europanel

@inproceedings{Dessy2002NominalWR,
  title={Nominal wage rigidity in the European Countries : evidence from the Europanel},
  author={Orietta Dessy and Gabriel Peri},
  year={2002}
}
This paper analyses wage dynamics at individual level using the ECHP data. We compare yearly wage changes of employees in twelve European countries during the 1994-96 time-period. In all the European countries we ...nd evidence of nominal and not real wage rigidity. At the same time, in none of the countries considered wages are completely downwardly rigid. We also compare nominal wage changes of employees staying with the same employer to movers and ...nd that, despite movers distributions are… CONTINUE READING

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