Downward Nominal Rigidity in US Wage Data from the PSID - An Application of the Kernel-Location Approach - University of Regensburg Publication Server

URN to cite this document:: urn:nbn:de:bvb:355-opus-6639

Knoppik, Christoph

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Date of publication of this fulltext: 24 May 2006 13:47

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Abstract

Earlier studies of US wage data from the PSID with a variety of methods have led to mixed results with respect to the existence and extent of downward nominal wage rigidity. Here the kernellocation approach to the analysis of downward nominal wage rigidity in micro data is applied to that data for the first time, in order to non-parametrically estimate counterfactual and factual distributions of ...