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Author:Brown, D.
Ingram, P.
Wadsworth, J.
Title:The price is right? Pay settlements and nominal wage rigidity in Britain
Journal:British Journal of Industrial Relations
2004 : SEP, VOL. 42:3, p. 507-525
Index terms:Groups
Wage determination
United Kingdom
Language:eng
Abstract:Representative, group-level wage settlement data is examined to augment the debate on nominal pay rigidity in Britain. The characteristics of groups that settle at zero and the role of within-company and external influences are investigated. Nominal settlement cuts are rare. Zero nominal wage settlements are more common, but still relatively unusual, highest during (low-inflation) recessionary periods.
SCIMA record nr: 255340
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