Survey evidence on wage rigidity and unemployment: Sweden in the 1990s

被引：64

作者：

Agell, J ^{[1
]}

Lundborg, P

机构：

[1] Univ Stockholm, SE-10691 Stockholm, Sweden

[2] Univ Gothenburg, SE-40530 Gothenburg, Sweden

[3] Trade Union Inst Econ Res, SE-11124 Stockholm, Sweden

来源：

SCANDINAVIAN JOURNAL OF ECONOMICS | 2003年 / 105卷 / 01期

关键词：

nominal wage rigidity; panel data; recession; effort models; unemployment persistence;

D O I：

10.1111/1467-9442.00002

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We document the results of a repeat survey, which updates Agell and Lundborg (1995), on wage rigidity in a sample of 159 Swedish manufacturing firms, conducted during the severe Swedish recession of the 1990s. It is found that not even a prolonged period of very high unemployment and quite low inflation softened workers' resistance to wage cuts. We discuss possible reasons for this. In addition, we report new evidence on underbidding, efficiency-wage mechanisms, and unemployment persistence.

引用

页码：15 / 29

页数：15