Arbeitspapier

Wage flexibility and labour market institutions: a meta-analysis

Evidence during the nineties about the response of real wages to shocks highlights that this response is substantially lower in European countries than in the United States and that there are important differences among European countries. Which are the reasons that explain these different reactions? In this paper, we apply meta-analytical techniques in order to provide a quantitative summary of the available evidence regarding the influence of labour market institutions on real wage flexibility. We find that the design of the study affects the obtained results, and that in more deregulated labour markets with a lower presence of trade unions, this response is particularly larger

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 2581

Klassifikation
Wirtschaft
Thema
Reallohn
Schock
Arbeitsmarkt
Meta-Analyse
Theorie

Ereignis
Geistige Schöpfung
(wer)
Clar, Miquel
Dreger, Christian
Ramos, Raúl
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2007

Handle
URN
urn:nbn:de:101:1-20080425131
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Clar, Miquel
  • Dreger, Christian
  • Ramos, Raúl
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2007

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