Wage Mobility: Do Institutions Make a Difference? A Replication Study Comparing Portugal and the UK

Ana Rute Cardoso

No 4355, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This study compares wage mobility in Portugal and the UK, replicating the work by Dickens (2000) and progressing to discuss the impact of differences in the institutional framework, which is more regulated and centralized in Portugal, with minimum wages, employment protection, and collective bargaining widely applied. Results indicate that both countries became more unequal and less mobile labour markets, having departed from similar levels in mid-80s. The evidence does not support the idea that a more regulated institutional framework reduces individual mobility within the wage distribution.

Keywords: Wage mobility; Wage dispersion (search for similar items in EconPapers)
JEL-codes: J31 J60 (search for similar items in EconPapers)
Date: 2004-04
New Economics Papers: this item is included in nep-lab
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Working Paper: Wage Mobility: Do Institutions Make a Difference? A Replication Study Comparing Portugal and the UK (2004)
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