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    • The Reasons for Wage Rigidity: Evidence From a Survey of Firms 

      Campbell, Carl M., III; Kamlani, Kunal S. (Massachusetts Institute of Technology Press, 1997-08)
      A survey of 184 firms was conducted to investigate the reasons for wage rigidity. The strongest support was found for explanations based on adverse selection in quits and on the effect of wages on effort. In addition, ...