Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013

Detalhes bibliográficos
Autor(a) principal: Babecký, Jan
Data de Publicação: 2018
Outros Autores: Berson, Clémence, Fadejeva, Ludmila, Lamo, Ana, Marotzke, Petra, Martins, Fernando, Strzelecki, Pawel
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.21/8892
Resumo: Working Paper com arbitragem científica
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spelling Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013Downward nominal wage rigidityBonusesFirm surveyEuropean UnionWorking Paper com arbitragem científicaThis paper provides evidence on the role of non-base wage components as a channel for firms to adjust labour costs in the event of adverse shocks. It uses data from a firm-level survey for 25 European countries that covers the period 2010–2013. We find that firms subject to nominal wage rigidities, which prevent them from adjusting base wages, are more likely to cut non-base wage components in order to adjust labour costs when needed. Firms thus use non-base wage components as a buffer to overcome base wage rigidity. We further show that while non-base wage components exhibit some degree of downward rigidity, they do so to a lesser extent than base wages.ISCAL - Lisbon Accounting and Business School, Instituto Politécnico de LisboaRCIPLBabecký, JanBerson, ClémenceFadejeva, LudmilaLamo, AnaMarotzke, PetraMartins, FernandoStrzelecki, Pawel2018-10-03T13:16:00Z2018-092018-09-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.21/8892engISSN 2184-3325info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-08-03T09:56:55Zoai:repositorio.ipl.pt:10400.21/8892Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:17:35.281737Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
title Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
spellingShingle Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
Babecký, Jan
Downward nominal wage rigidity
Bonuses
Firm survey
European Union
title_short Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
title_full Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
title_fullStr Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
title_full_unstemmed Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
title_sort Non-base wage components as a source of wage adaptability to shocks: evidence from European firms, 2010–2013
author Babecký, Jan
author_facet Babecký, Jan
Berson, Clémence
Fadejeva, Ludmila
Lamo, Ana
Marotzke, Petra
Martins, Fernando
Strzelecki, Pawel
author_role author
author2 Berson, Clémence
Fadejeva, Ludmila
Lamo, Ana
Marotzke, Petra
Martins, Fernando
Strzelecki, Pawel
author2_role author
author
author
author
author
author
dc.contributor.none.fl_str_mv RCIPL
dc.contributor.author.fl_str_mv Babecký, Jan
Berson, Clémence
Fadejeva, Ludmila
Lamo, Ana
Marotzke, Petra
Martins, Fernando
Strzelecki, Pawel
dc.subject.por.fl_str_mv Downward nominal wage rigidity
Bonuses
Firm survey
European Union
topic Downward nominal wage rigidity
Bonuses
Firm survey
European Union
description Working Paper com arbitragem científica
publishDate 2018
dc.date.none.fl_str_mv 2018-10-03T13:16:00Z
2018-09
2018-09-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.21/8892
url http://hdl.handle.net/10400.21/8892
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv ISSN 2184-3325
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv ISCAL - Lisbon Accounting and Business School, Instituto Politécnico de Lisboa
publisher.none.fl_str_mv ISCAL - Lisbon Accounting and Business School, Instituto Politécnico de Lisboa
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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