Wage Drift
Wage Drift is a phenomenon in labor economics where actual wages systematically deviate from and exceed the wages established by formal collective bargaining agreements, often due to firm-level adjustments, performance bonuses, or local negotiations not captured at the central bargaining level.
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Another possible source of wage stickiness
Robert M. Solow · Journal of Macroeconomics · 1979 · 821 citations
Dale W. Henderson, Warwick J. McKibbin · Carnegie-Rochester Conference Series on Public Policy · 1993 · 158 citations
Wage compression, wage drift and wage inflation in Sweden
Douglas A. Hibbs, Håkan Locking · Labour Economics · 1996 · 124 citations
Dale W. Henderson, Warwick J. McKibbin · RePEc: Research Papers in Economics · 1993 · 83 citations · Full text
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Federal Reserve
Washington D.C., United States
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3 publications
252 citations
Université Paris-Panthéon-Assas
Paris, France
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3 publications
187 citations

University of Gothenburg
Gothenburg, Sweden
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2 publications
199 citations
Massachusetts Institute of Technology
Cambridge, United States
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2 publications
890 citations

Brookings Institution
Washington D.C., United States
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2 publications
241 citations
Federal Reserve Board of Governors
Washington D.C., United States
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2 publications
241 citations

International Monetary Fund
Washington D.C., United States
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1 publications
37 citations
Escola Brasileira de Economia e Finanças
Rio de Janeiro, Brazil
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Repository · 6 publications · 229 citations
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Repository · 2 publications · 37 citations
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