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Further Evidence on Disaggregated Wage Curves: The Case of Spain


Author Info

  • Esteban Sanroma

    (Universitat de Barcelona)

  • Raul Ramos

    (Universitat de Barcelona)


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.

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Bibliographic Info

Article provided by Bankwest Curtin Economics Centre (BCEC), Curtin Business School in its journal Australian Journal of Labour Economics.

Volume (Year): 8 (2005)
Issue (Month): 3 (September)
Pages: 227-243

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Handle: RePEc:ozl:journl:v:8:y:2005:i:3:p:227-243

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Related research

Keywords: Wages; Compensation; and Labor Costs: Public Policy (wage subsidies; minimum wage legislation) Macroeconomics; Employment; Unemployment; Wages; wage indexation;

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