Further Evidence on Disaggregated Wage Curves: The Case of Spain

Individual data from the Spanish Family Budget Survey (EPF 1990-1991) are used to estimate disaggregated wage curves (industry sector, gender, age, schooling, and occupation). The results show a wage curve for all employees with an elasticity of -0.13. It is also concluded that less protected labour...

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Detalhes bibliográficos
Autores: Sanromà, Esteve, Ramos Lobo, Raúl
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2005
País:España
Recursos:Universidad de Barcelona
Repositório:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/67465
Acesso em linha:https://hdl.handle.net/2445/67465
Access Level:Acceso aberto
Palavra-chave:Salaris
Atur
Mercat de treball
Espanya
Wages
Unemployment
Labor market
Spain
Descrição
Resumo:Individual data from the Spanish Family Budget Survey (EPF 1990-1991) are used to estimate disaggregated wage curves (industry sector, gender, age, schooling, and occupation). The results show a wage curve for all employees with an elasticity of -0.13. It is also concluded that less protected labour market groups - young workers, manual workers and building sector workers - have a higher elasticity of wages to local unemployment. These results indicate a greater facility of firms in these segments to set wages as a function of the unemployment rate and they are supportive of efficiency wage theoretical models.