{"title":"Downward Wage Rigidities in the Mexican Labor Market: 1996–2011","authors":"Laura Juárez, Daniel Casarin de la Cabada","doi":"10.1353/ECO.2018.0010","DOIUrl":null,"url":null,"abstract":"ABSTRACT:In this paper, we provide evidence of the existence and evolution of downward real and nominal wage rigidities in Mexico in the period 1996–2011, which was characterized by a reduction in the level and volatility of inflation. Our results suggest that, throughout the period, a much larger fraction of private sector workers, who stay in the same job from one year to another, are subject to downward real wage rigidities than to nominal ones. Nevertheless, the relative prevalence of nominal rigidities increases slightly as inflation decreases.","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"17 1","pages":"129 - 180"},"PeriodicalIF":0.0000,"publicationDate":"2016-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economía Informa","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1353/ECO.2018.0010","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 4
Abstract
ABSTRACT:In this paper, we provide evidence of the existence and evolution of downward real and nominal wage rigidities in Mexico in the period 1996–2011, which was characterized by a reduction in the level and volatility of inflation. Our results suggest that, throughout the period, a much larger fraction of private sector workers, who stay in the same job from one year to another, are subject to downward real wage rigidities than to nominal ones. Nevertheless, the relative prevalence of nominal rigidities increases slightly as inflation decreases.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
