Replication data for: Wage Rigidity and Disinflation in Emerging Countries
Principal Investigator(s): View help for Principal Investigator(s) Julián Messina; Anna Sanz-de-Galdeano
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| data_and_programs_2011_209 | 10/12/2019 09:52:PM | ||
|
|
text/plain | 14.6 KB | 10/12/2019 05:52:PM |
Project Citation:
Messina, Julián, and Sanz-de-Galdeano, Anna. Replication data for: Wage Rigidity and Disinflation in Emerging Countries. Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114284V1
Project Description
Summary:
View help for Summary
This paper examines the consequences of rapid disinflation for
downward wage rigidities in two emerging countries, Brazil and
Uruguay. Although wage rigidities are altered by disinflation, in
neither of the two countries does price stability eliminate frictions
in wage-setting mechanisms. In a context of individual wage
negotiations and weak unions, disinflation in Uruguay puts an end
to its history of indexation, but strong resistance to nominal wage
cuts emerges. In strongly unionized Brazil, wage indexation is highly persistent, but the introduction of inflation targeting by the Central Bank in 1999 moves the focal point of wage negotiations to expected inflation.
Scope of Project
JEL Classification:
View help for JEL Classification
E31 Price Level; Inflation; Deflation
E52 Monetary Policy
J31 Wage Level and Structure; Wage Differentials
J51 Trade Unions: Objectives, Structure, and Effects
O11 Macroeconomic Analyses of Economic Development
O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration
O23 Fiscal and Monetary Policy in Development
E31 Price Level; Inflation; Deflation
E52 Monetary Policy
J31 Wage Level and Structure; Wage Differentials
J51 Trade Unions: Objectives, Structure, and Effects
O11 Macroeconomic Analyses of Economic Development
O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration
O23 Fiscal and Monetary Policy in Development
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.