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DRWR
(redirected from Downward Real Wage Rigidity)

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AcronymDefinition
DRWRDownward Real Wage Rigidity
DRWRData ROM (Read-Only Memory) Window Register
DRWRDonor-Recipient Body Weight Ratio (liver transplant)
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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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