Arbeitspapier
Workers' flows and real wage cyclicality
This study investigates real wage cyclicality in Portugal for the years of 1986-98, addressing the heterogeneity in wages responses to aggregate labor market conditions for workers' hirings and separations. The results exhibit a moderate procyclical behavior of real wages for continuously employed workers, in particular, for job stayers. For workers' accessions a strongly procyclical behavior in wages was observed, which is consistent with the idea that entry wages are much more procyclical than current wages. This empirical evidence suggests that even micro-data estimates of real wage cyclicality may conceal a strong procyclical wage behavior, when heterogeneity on wages responses to aggregate conditions between employed workers and hirings and separations is not taken into account
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 2604
- Klassifikation
-
Wirtschaft
- Thema
-
Arbeitsmobilität
Reallohn
Lohnstruktur
Personalbeschaffung
Portugal
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Carneiro, Anabela
Portugal, Pedro
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2007
- Handle
- URN
-
urn:nbn:de:101:1-20080422161
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Carneiro, Anabela
- Portugal, Pedro
- Institute for the Study of Labor (IZA)
Entstanden
- 2007