Concepedia

Sticky Wages

Sticky Wages is a theoretical construct in macroeconomics referring to the phenomenon whereby nominal wages exhibit resistance to downward adjustment in response to changes in labor market conditions, particularly during economic downturns, due to factors such as implicit contracts, efficiency wage considerations, or coordination failures among firms and workers.

219

Publications

18.9K

Citations

299

Authors

199

Institutions

Publications per year

2017–2026

22

Variants

Nominal Wage RigiditiesNominal Wage Rigidity

Parents

Publications

219

Employment Fluctuations with Equilibrium Wage Stickiness

Robert E. Hall · American Economic Review · 2005 · 1.5K citations

, , +17

Wage Bargaining and Employment

Ian M. McDonald, Robert M. Solow · American Economic Review · 1981 · 1.2K citations

, , +10

Staggered Wage Setting in a Macro Model

John B. Taylor · American Economic Review · 2016 · 961 citations

, , +11

Another possible source of wage stickiness

Robert M. Solow · Journal of Macroeconomics · 1979 · 821 citations

, , +12

The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?

Christopher A. Pissarides · Econometrica · 2009 · 813 citations

, , +16

1–5 of 219

Authors

299

  1. RE
    Robert E. Hall

    Hoover Institution, United States

    8 publications · 2.1K citations

    8

    h-index

  2. TL
    Thomas Laubach

    Federal Reserve, United States

    5 publications · 207 citations

    5

    h-index

  3. MK
    Magda Kandil

    International Monetary Fund, United States

    4 publications · 98 citations

    4

    h-index

  4. JE
    Joseph E. Stiglitz

    Columbia University, United States

    4 publications · 376 citations

    4

    h-index

  5. LJ
    Lawrence J. Christiano

    Federal Reserve Bank of Minneapolis, United States

    4 publications · 527 citations

    4

    h-index

1–5 of 299

Institutions

199

  1. National Bureau of Economic Research

    Cambridge, United States

    17 h-index

    30 publications

    1.9K citations

  2. Federal Reserve

    Washington D.C., United States

    11 h-index

    16 publications

    658 citations

  3. Federal Reserve Board of Governors

    Washington D.C., United States

    10 h-index

    15 publications

    624 citations

  4. Centre for Economic Policy Research

    London, United Kingdom

    9 h-index

    10 publications

    474 citations

  5. London School of Economics and Political Science

    London, United Kingdom

    8 h-index

    11 publications

    1.7K citations

  6. Stanford University

    Stanford, United States

    7 h-index

    9 publications

    574 citations

  7. Banque de France

    Paris, France

    7 h-index

    16 publications

    977 citations

  8. European Central Bank

    Frankfurt am Main, Germany

    6 h-index

    9 publications

    1.4K citations

1–8 of 199

Venues

  1. SSRN Electronic Journal

    Repository · 34 publications · 1.9K citations

    21

    h-index

  2. American Economic Review

    14 publications · 5.2K citations

    13

    h-index

  3. RePEc: Research Papers in Economics

    Repository · 19 publications · 551 citations

    12

    h-index

  4. National Bureau of Economic Research

    Repository · 8 publications · 221 citations

    8

    h-index

  5. Journal of Monetary Economics

    7 publications · 726 citations

    7

    h-index

1–5