Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
Abstract This paper provides evidence on the role of non-base wage components as a channel for firms to adjust labour costs in the event of adverse shocks. It uses data from a firm-level survey for 25 European countries that covers the period 2010–2013. We find that firms subject to nominal wage rig...
| Main Authors: | , , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2019-01-01
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| Series: | IZA Journal of Labor Policy |
| Subjects: | |
| Online Access: | http://link.springer.com/article/10.1186/s40173-018-0106-8 |