We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
The Price is Right? Pay Settlements and Nominal Wage Rigidity in Britain.
- Authors
Brown, Donna; Ingram, Peter; Wadsworth, Jonathan
- Abstract
We examine representative, group-level wage settlement data to augment the debate on nominal pay rigidity in Britain. We investigate the characteristics of groups that settle at zero and the role of within-firm and external influences. Nominal settlement cuts are rare. Zero nominal wage settlements are more common, but still relatively unusual, highest during (low-inflation) recessionary periods. Small groups, above all firms under duress, appear most likely to settle at zero. Once a group settles at zero it is unlikely to do so again in the short run.
- Subjects
UNITED Kingdom; WAGES; LABOR market; EMPLOYEES; EFFECT of inflation on income; PAYROLL deductions
- Publication
British Journal of Industrial Relations, 2004, Vol 42, Issue 3, p507
- ISSN
0007-1080
- Publication type
Article
- DOI
10.1111/j.1467-8543.2004.00327.x