Downwardwagerigidityfordifferentworkersandfirmsan.PDF

WAGE DYNAMICS WO R K I N G PA P E R S E R I E S NETWORK N O 8 4 0 / D E C E M B E R 2 0 0 7 DOWNWARD WAGE RIGIDITY FOR DIFFERENT WORKERS AND FIRMS AN EVALUATION FOR BELGIUM USING THE IWFP PROCEDURE by Philip Du Caju, Catherine Fuss and Ladislav Wintr Working Pa P er SerieS no 840 / December 2007 Wage DynamicS netWork DoWnWarD Wage rigiDity for Different WorkerS anD firmS an evaluation for belgium uSing the iWfP ProceDure 1 by Philip Du Caju, Catherine Fuss and Ladislav Wintr2 In 2007 all ECB publications This paper can be downloaded without charge from feature a motif http://www.ecb.europa.eu or from the Social Science Research Network taken from the 20 banknote. electronic library at /abstract_id=1032837. 1 The opinions expressed in this paper are solely our own and do not necessarily reflect the opinion of the National Bank of Belgium. We thank W. Dickens for providing us with the International Wage Flexibility Project (IWFP) estimation programs and CIMIRe for providing us with the data through the Datawarehouse Labour Market of the