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Wage Flexibility and Labour Market Institutions: A Meta-Analysis Author info | Abstract | Publisher info | Download info | Related research | Statistics Miquel Clar
Christian Dreger
Raúl Ramos
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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. Copyright 2007 Blackwell Publishing Ltd..
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Article provided by Blackwell Publishing in its journal Kyklos .
Volume (Year): 60 (2007)
Issue (Month): 2 (05)
Pages: 145-163
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Handle: RePEc:bla:kyklos:v:60:y:2007:i:2:p:145-163Contact details of provider: Web page: http://www.blackwellpublishing.com/journal.asp?ref=0023-5962
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Magda Kandil, 2006.
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"What We Know and Do Not Know about the Natural Rate of Unemployment ,"
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Other versions: Peter Nijkamp & Jacques Poot, 2005.
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