Journal Article

Are wages inflexible?


Abstract: An analysis of wage adjustments for hourly employees in the mid-1980s, finding that workers whose wages change often are likely to see larger fluctuations and those whose wages change infrequently tend to see smaller movements, and concluding that wage flexibility is in fact pervasive in the U.S. economy.

Keywords: Wages;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1995

Issue: Apr

Order Number: 1