Konferenzbeitrag

The wage dynamics in Spain: evidence from individual data

In this paper we test the hypothesis of a wage curve against a Phillips curve for Spain within a framework which allos for these both and more general alternatives. To this end, we use data from the European Community Household Panel, which provides micro-information for the period 1994-2001. The results indicate that a partial wage adjustment is at work, as in other European countries, and that the long-run elasticiy of wages to unemploument is close to the 'empirical law of economics' of -0.1

Language
Englisch

Bibliographic citation
Series: 51st Congress of the European Regional Science Association: "New Challenges for European Regions and Urban Areas in a Globalised World", 30 August - 3 September 2011, Barcelona, Spain

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Montuenga, Victor
Garcia, Inmaculada
Event
Veröffentlichung
(who)
European Regional Science Association (ERSA)
(where)
Louvain-la-Neuve
(when)
2011

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Montuenga, Victor
  • Garcia, Inmaculada
  • European Regional Science Association (ERSA)

Time of origin

  • 2011

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