The Rationale for Wage Rigidity : Survey Evidence from German and US Firms

@inproceedings{Franz2002TheRF,
  title={The Rationale for Wage Rigidity : Survey Evidence from German and US Firms},
  author={Wolfgang Michael Franz and Friedhelm Pfeiffer},
  year={2002}
}
Discussion Papers are intended to make results of ZEW research promptly available to other economists in order to encourage discussion and suggestions for revisions. The authors are solely responsible for the contents which do not necessarily represent the opinion of the ZEW. This study joins the literature which investigates the empirical relevance of prominent explanations for wage rigidity, such as contract theory, implicit contract theory, efficiency wage theories, fair wage theory and… CONTINUE READING