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Table 8 Time pattern of wage rigidity

From: Wage flexibility and the great recession: the response of the Irish labour market

 

% of Wage Cuts Prevented by Rigidity

2005/06

18.1

2006/07

17.3

2007/08

16.4

2008/09

10.1

2009/10

12.7

2010/11

21.3

2011/12

27.5

2012/13

27.4