On the Identification of Relative Wage Rigidity Dynamics: A Proposal for a Methodology on Cross-Section Data and Empirical Evidence for Poland in Transition
Abstract
We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is applied to data from the Polish Labour Force Survey for the period 1994 to 1998. We estimate ceteris paribus changes in relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic. We find that the Polish wage structure generated hardly any rigidities between 1994 and 1998 nor did it reduce possibly existing rigidities during that period.Download Info
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Bibliographic Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 2670.Length:
Date of creation: Jan 2001
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Handle: RePEc:cpr:ceprdp:2670
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Related research
Keywords: Identification; Poland; Rigidities; Unemployment; Wages;Other versions of this item:
- Puhani, Patrick A., 2000. "On the Identification of Relative Wage Rigidity Dynamics. A Proposal for a Methodology on Cross-Section Data and Empirical Evidence for Poland in Transition," IZA Discussion Papers 226, Institute for the Study of Labor (IZA).
- Puhani, Patrick A., 2000. "On the Identification of Relative Wage Rigidity Dynamics: A Proposal for a Methodology on Cross-Section Data and Empirical Evidence for Poland in Transition," IRISS Working Paper Series 2000-11, IRISS at CEPS/INSTEAD.
- Puhani, Patrick A., 2000. "On the identification of relative wage rigidity dynamics: a proposal for a methodology on cross-section data and empirical evidence for Poland in transition," ZEW Discussion Papers 00-56, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
- P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
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