The Spanish wage curve: 1994-96
- García-Mainar, I. 1
- Montuenga-Gomez, V.M. 2
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1
Universidad de Zaragoza
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2
Universidad de La Rioja
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ISSN: 0034-3404
Año de publicación: 2003
Volumen: 37
Número: 9
Páginas: 929-945
Tipo: Artículo
Otras publicaciones en: Regional Studies
Resumen
The Spanish wage curve: 1994-1996, Reg. Studies 37, 929-945. In this paper, we estimate a wage curve for Spain using data from the European Community Household Panel, which provides microinformation for the period 1994-96. By refining the unemployment rate measure, we find an unemployment elasticity of wages not very far from that encountered in other developed countries. We argue that these results correspond to a disequilibrium representation of the regional unemployment structure, in which unemployment differentials tend to persist over time.