Downward nominal wage rigidity causes the accelerationist property of the Phillips curve to break down at sufficiently low inflation rates.
What does DNWR stand for?
DNWR stands for Downward Nominal Wage Rigidity (economics)
This definition appears very rarely and is found in the following Acronym Finder categories:
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We have 1 other meaning of DNWR in our Acronym Attic
- Discretionary Net Worth
- Dix Noonan Webb (UK)
- Do Not Want
- Do Not Worry
- Does Not Work
- Domain Name Wire (website)
- Director of Naval Weapon Design
- Deutsches Netzwerk Wirtschaftsethik (German Business Ethics Network)
- Desert National Wildlife Range (Nevada)
- Defense Nuclear Weapons School
- Data Network Exchange (Inflow, Inc.)
- Departmental Network eXchange
- Digital Natural Expression (video processing; Pixelworks)
- Distributed Nagios Executor
- Domain Name Exchange (Internet)
- Dynamic Network X-connect
- Denalli Fund Inc. (stock symbol; Boulder, CO)
- Diocese of New York (Episcopal church)
- Display Area Code (NYX) Routing (US DoD)
Samples 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.
To the extent that downward nominal wage rigidity exists, it presumably serves some economic function.