摘要：This paper explores the existence of downward real wage rigidity (drwr) in 19 oecd
countries, over the period 1973–1999, using data for hourly nominal earnings at industry
level. Based on a nonparametric statistical method, which allows for country and year specific
variation in both the median and the dispersion of industry wage changes, we find evidence
of some downward rigidity of real wages in oecd countries overall, as well as for regions
and time periods. There is some evidence that real wage cuts are less prevalent under strict
employment protection legislation and high union density. Generally, we find stronger evidence
for downward nominal than for downward real wage rigidity.
关键词：Downward real wage rigidity, oecd, employment protection legislation, wage
setting
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