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DRWR
(redirected from Downward Real Wage Rigidity)

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AcronymDefinition
DRWRDownward Real Wage Rigidity


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? References in periodicals archive
In short, inflation can grease the wheels of economic adjustment in the labor market by relieving the constraint imposed by downward nominal wage rigidity, but not if there is also substantial downward real wage rigidity.
Macroeconomics and Individual Decisionmaking by NBER Reporter
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