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Replication data for: Sticky Wages: Evidence from Quarterly Microeconomic Data

Resource Type
  • Le Bihan, Hervé
  • Montornès, Jérémi
  • Heckel, Thomas
Publication Date
  • Abstract

    Using an original micro-dataset from France, we investigate nominal wage stickiness. Nominal wage changes are found to occur at a quarterly frequency of around 38 percent over our sample period, and to be to a large extent staggered across establishments, and very synchronized within establishments. We carry out an econometric analysis of wage changes based on a two-threshold sample selection model. Our results are that the timing of wage adjustments is time-dependent as opposed to state-dependent, there is evidence of predetermination in wage changes, and both backward and forward-looking behavior is relevant in wage setting. (JEL E24, E52, J31)
  • Is supplement to
    DOI: 10.1257/mac.4.3.1 (Text)
  • Bihan, Hervé Le, Jérémi Montornès, and Thomas Heckel. “Sticky Wages: Evidence from Quarterly Microeconomic Data.” American Economic Journal: Macroeconomics 4, no. 3 (July 2012): 1–32.
    • ID: 10.1257/mac.4.3.1 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-13

Le Bihan, Hervé; Montornès, Jérémi; Heckel, Thomas (2012): Replication data for: Sticky Wages: Evidence from Quarterly Microeconomic Data. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.