| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17018 |
| DP17018 Sticky Wages and the Great Depression: Evidence from the United Kingdom | |
| Jason Lennard | |
| 发表日期 | 2022-02-08 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | How sticky were wages during the Great Depression? Although classic accounts emphasize the importance of nominal rigidity in amplifying deflationary shocks, the evidence is limited. In this paper, I calculate the degree of nominal wage rigidity in the United Kingdom between the wars using new granular data covering millions of wages. I find that nominal wages were more flexible downwards than in most modern economies, but that the frequency and magnitude of wage cuts were too low to fully offset deflation. |
| 主题 | Economic History |
| 关键词 | Great depression Interwar britain Nominal rigidity |
| URL | https://cepr.org/publications/dp17018 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545967 |
| 推荐引用方式 GB/T 7714 | Jason Lennard. DP17018 Sticky Wages and the Great Depression: Evidence from the United Kingdom. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Jason Lennard]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Jason Lennard]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Jason Lennard]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
