Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/127460 
Year of Publication: 
2015
Citation: 
[Journal:] IZA Journal of European Labor Studies [ISSN:] 2193-9012 [Volume:] 4 [Issue:] 18 [Publisher:] Springer [Place:] Heidelberg [Year:] 2015 [Pages:] 1-24
Publisher: 
Springer, Heidelberg
Abstract: 
In this paper we examine nominal earnings flexibility in Ireland during the Great Recession. The Irish case is particularly interesting because it has been one of the countries most affected by the crisis. Using tax return data that are free of reporting error and cover the entire population of workers, we find a substantial degree of downward nominal wage flexibility in Ireland in the pre-crisis period. Furthermore, we observe a significant change in wage dynamics since the crisis began. It was only after the peak crisis period that pay freezes became a feature of the Irish wage change distribution.
Subjects: 
Wage flexibility
Great recession
Measurement error
JEL: 
J31
J38
D31
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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