I document new facts about the relationship between flexible wage components and firm
performance using a unique matched employer-employee database from Hungary. Firms …

Downward wage rigidity may enhance job destruction in periods of decreasing demand. But
although wage rigidity is an important topic, there is no full consensus in the literature on …

Durante los años noventa, algunos países en desarrollo emprendieron reformas en el
mercado de trabajo y abrieron sus economías al resto del mundo, medidas que no se …

This paper presents evidence on the extent of real wage flexibility in 24 EU member
countries based on the Eurostat labour cost data covering 2000Q1–2010Q2. The term …

A large share of workers receives bonus payments besides their base wage. The benefits of
flexible wage components in remuneration are twofold: they can incentivize workers and …

Abstract During the Great Recession companies were confronted with decreasing demand.
One possible strategy to survive instead of cutting down employment, could be to reduce …