National Bank of Hungary paper measures degree of real wage rigidity in labour market


The degree of downward real wage rigidity ranks among the lowest of countries facing cuts in wages, according to evidence presented in a paper published by the National Bank of Hungary on Wednesday

Gábor Kátay, the paper's author, presents new estimates of downward real and nominal wage rigidity in Hungary to measure the fraction of workers who are potentially subject to downward nominal and downward real wage rigidity, or, in other words, the fraction of those who would receive nominal or real

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account