Nominal Wage Rigidity in Village Labor Markets
Nominal Wage Rigidity in Village Labor Markets
About this item
Full title
Author / Creator
Publisher
American Economic Association
Journal title
Language
English
Formats
Publication information
Publisher
American Economic Association
More information
Scope and Contents
Contents
This paper develops a new approach to test for downward wage rigidity by examining transitory shocks to labor demand (i.e., rainfall) across 600 Indian districts. Nominal wages rise during positive shocks but do not fall during droughts. In addition, transitory positive shocks generate ratcheting: after they have dissipated, wages do not adjust bac...
Alternative Titles
Full title
Nominal Wage Rigidity in Village Labor Markets
Authors, Artists and Contributors
Author / Creator
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Primary Identifiers
Record Identifier
TN_cdi_crossref_primary_10_1257_aer_20141625
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1257_aer_20141625
Other Identifiers
ISSN
0002-8282
E-ISSN
1944-7981
DOI
10.1257/aer.20141625
