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Análisis del poder adquisitivo de los asalariados desde la entrada en circulación del euro
[Analysis of the purchasing power of employees from entry into the euro]

Author

Listed:
  • Fuentes Castro, Daniel

Abstract

The article presents a study of the purchasing power of wages in the Spanish economy during the last decade. We distinguish between purchasing power and the investment power, and we build an indicator of total purchasing power of salaries. The study is developped by NACE activity sections and COICOP classification. We take into account the influence of the net job creation in each section on the average total salary. The article analyses which goods and services have become more expensive for the employees of each sector. We conclude that although the purchasing power has remained constant on average, the total purchasing power has fallen sharply as a result of the increase in the average annual value of mortgages on homes.

Suggested Citation

  • Fuentes Castro, Daniel, 2007. "Análisis del poder adquisitivo de los asalariados desde la entrada en circulación del euro [Analysis of the purchasing power of employees from entry into the euro]," MPRA Paper 51605, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:51605
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    More about this item

    Keywords

    Poder adquisitivo; Salarios; Precios; IPC; Euro;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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