Quicksearch
Table of contents alert
Do you want to receive an email alert about new issue?



   
Indexing
CEEOL DigLib DOAJ EBSCO EconBiz EconLit RePEc Scopus Socolar JournalGuide
Statistics
Total downloads:670535
Total abstract views:939488

Volume 4, Issue 1

top

Downward Wage Rigidities in Slovakia

Gertler, Pavel; Senaj, Matúš

Year: 2010   Volume: 4   Issue: 1   Pages: 79-101

Abstract: The degree of labor market flexibility is especially important for countries considering entry into monetary union. The aim of this article is to assess the extent of wage rigidities in Slovakia. The novelty of this paper is in the employment of Holden andWulfsberg (2009) approach to the micro data. Firstly, we apply the original methodology on industrial level data drawn from recent decade. The results obtained from sectoral data are ambiguous for Slovakia. Secondly, we turn to micro-approach, where we apply slightly modified methodology on company level data. The estimated extent of both nominal and real rigidities is relatively small. We conclude that flexible hourly wages favored the euro adoption in 2009.

JEL classification: E24, J30

Keywords: Nominal and real wage rigidity, Slovakia

RePEc: http://ideas.repec.org/a/fau/aucocz/au2010_079.html

pdf [PDF] print Print   Recommend to others Recommend to others
bottom