Further Evidence on Disaggregated Wage Curves: The Case of Spain

Esteban Sanroma and Raul Ramos

Australian Journal of Labour Economics (AJLE), 2005, vol. 8, issue 3, 227-243

Abstract: 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.

Keywords: Wages, Compensation, and Labor Costs: Public Policy (wage subsidies, minimum wage legislation); Macroeconomics; Employment; Unemployment; Wages; wage indexation (search for similar items in EconPapers)
JEL-codes: E24 J38 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://ftprepec.drivehq.com/ozl/journl/downloads/AJLE083sanroma.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ozl:journl:v:8:y:2005:i:3:p:227-243

Access Statistics for this article

More articles in Australian Journal of Labour Economics (AJLE) from Bankwest Curtin Economics Centre (BCEC), Curtin Business School Contact information at EDIRC.
Bibliographic data for series maintained by Sandie Rawnsley ().