Wage flexibility: Evidence from five EU countries based on the wage curve
- Montuenga, V. 1
- García, I. 2
- Fernández, M. 3
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1
Universidad de La Rioja
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2
Universidad de Zaragoza
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3
Universidade de Santiago de Compostela
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ISSN: 0165-1765
Año de publicación: 2003
Volumen: 78
Número: 2
Páginas: 169-174
Tipo: Artículo
Otras publicaciones en: Economics Letters
Resumen
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.