Wage flexibility: Evidence from five EU countries based on the wage curve

  1. Montuenga, V. 1
  2. García, I. 2
  3. Fernández, M. 3
  1. 1 Universidad de La Rioja
    info

    Universidad de La Rioja

    Logroño, España

    ROR https://ror.org/0553yr311

  2. 2 Universidad de Zaragoza
    info

    Universidad de Zaragoza

    Zaragoza, España

    ROR https://ror.org/012a91z28

  3. 3 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

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Journal:
Economics Letters

ISSN: 0165-1765

Year of publication: 2003

Volume: 78

Issue: 2

Pages: 169-174

Type: Article

DOI: 10.1016/S0165-1765(02)00215-X SCOPUS: 2-s2.0-0037294607 WoS: WOS:000180611800005 GOOGLE SCHOLAR

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Abstract

This paper examines wage flexibility in five EU countries by estimating their respective wage curves. Using information provided by a homogeneous panel data set - the ECHP - we are able to demonstrate that, contrary to the habitual finding, the wage elasticity to unemployment in fact varies across countries. © 2002 Elsevier Science B.V. All rights reserved.