Examples of 'wage rigidity' in a sentence
Meaning of "wage rigidity"
Wage rigidity: In economics, wage rigidity refers to the resistance of wages to change or adjust in response to market forces such as supply and demand, productivity, or inflation. This can lead to labor market inefficiencies and imbalances
How to use "wage rigidity" in a sentence
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wage rigidity
Measures of real and nominal wage rigidity.
Downward wage rigidity is by itself a commonly observed phenomenon.
Reduced employment resulting from wage rigidity.
Thus real wage rigidity is the opposite of nominal wage rigidity.
Real and nominal wage rigidity.
Minimum wage is related to the aforementioned factors through the resultant downward wage rigidity.
Unemployment and wage rigidity.
Has wage rigidity played a part in the region 's ongoing weak labor performance?
They found it in the notion of nominal wage rigidity.
Real wage rigidity.
This indicates downward wage rigidity.
Both credibility and wage rigidity affect the speed of the transition to EMU.
Efficiency wage theory helps to explain real wage rigidity.
The reasons for price and wage rigidity vary from country to country.
This indicator can therefore not be interpreted as a measure of wage rigidity.
See also
The leather industry saw less wage rigidity and less employment losses.
Minimum-wage legislation is one cause of wage rigidity.
Short-run real wage rigidity and unemployment increase.
However, there could also be a link running from wage rigidity to growth.
Nominal wage rigidity in village labor markets, evidence from India.
Downward nominal wage rigidity.
Segmentation, wage rigidity and low productivity are among the features of the Greek labour market.
Thus, only a small fraction of the spike is attributed to asymmetric downward wage rigidity.
These figures suggest that Finnish real wage rigidity is quite 'normal' in the European context.
Wage rigidity to low unemployment, an aberration?
First, following a layoff, workers experience downward wage rigidity and a decrease in output.
Wage rigidity (column (D)) is a measure of the reaction of unemployment to a real shock.
Regional differences in the degree of long-run real or nominal wage rigidity are less pronounced.
Real exchange rate effects of a devaluation under alternative wage rigidity hypotheses D. 4.
Keywords: Nominal wage rigidity.
This graph plots an indicator of real wage rigidity from OECD 1989a.
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