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Author:Agell, J.
Lundborg, P.
Title:Survey evidence on wage rigidity and unemployment: Sweden in the 1990s
Journal:Scandinavian Journal of Economics
2003 : VOL. 105:1, p. 15-29
Index terms:Manufacturing industry
Panel data
Recession
Unemployment
Sweden
Freeterms:Wage rigidity
Language:eng
Abstract:The authors 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.
SCIMA record nr: 246623
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