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The Spanish Wage Curve: 1994-1996

Author

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  • Inmaculada Garcia-Mainar
  • Victor Montuenga-Gomez

Abstract

GARCiA-MAINAR I. and MONTUENGA-GOMEZ V. M. (2003) 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.GARCiA-MAINAR I. et M ONTUENGA-GOMEZ V. M. (2003) La courbe des salaires en Espagne de 1994 a 1996, Reg. Studies 37, 929-945. A partir des donnees provenant du European Community Household Panel (echantillon permanent aupres des menages dans la Communaute europeenne), cet article cherche a estimer une courbe des salaires pour l'Espagne qui fournit des renseignements microeconomiques sur la periode qui va de 1994 a 1996. En raffinant la mesure du taux de chomage, il s'avere une elasticite des salaires par rapport au chomage qui s'approche de celle observee dans d'autres pays de veloppes. On affirme que ces resultats constituent une representation du desequilibre quant a la structure regionale du chomage, ou les ecarts du chomage ont tendance a persister sur le temps. GARCiA-MAINAR I. und MONTUENGA- GOMEZ V. M. (2003) Die spanische Lohnkurve im Zeitraum 1994-1996, Reg. Studies 37, 929- 945. In diesem Aufsatz wird mit Hilfe des Haushaltsausschusses der europaischen Gemeinschaft eine Lohnkurve fur Spanien berechnet, die Mikroinformation fur den Zeitraum 1994-1996 liefert. Durch Verfeinerung des Begriffes Erwerbslosenrate wird eine Erwerbslosigkeitselastizitat von Lohnen festgestellt, die nicht sehr weit hinter der anderer Industrielander zurucksteht. Die Autoren stellen die Behauptung auf, dass dies Ergebnisse einer unterschiedlich gewichteten Darstellung der regionalen Erwerbslosigkeitsstruktur entsprechen, in der Unterschiede meist lange fortbestehen.

Suggested Citation

  • Inmaculada Garcia-Mainar & Victor Montuenga-Gomez, 2003. "The Spanish Wage Curve: 1994-1996," Regional Studies, Taylor & Francis Journals, vol. 37(9), pages 929-945.
    • Handle: RePEc:taf:regstd:v:37:y:2003:i:9:p:929-945
    DOI: 10.1080/0034340032000143922
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    4. Cuéllar Martín, Jaime & Martín-Román, Ángel L. & Moral, Alfonso, 2017. "A composed error model decomposition and spatial analysis of local unemployment," MPRA Paper 79783, University Library of Munich, Germany.
    5. Ana-Isabel Guerra & Laura Varela-Candamio & Jesús López-Rodríguez, 2022. "Tax reforms in Spain: efficiency levels and distributional patterns," Economic Systems Research, Taylor & Francis Journals, vol. 34(1), pages 41-68, January.
    6. Hector Elias Gutierrez Rufrancos, 2012. "The Mexican Wage Curve 2000-2003: A Quantile Analysis," Working Paper Series 3412, Department of Economics, University of Sussex Business School.
    7. Clemente Polo & Raimundo Viejo, 2015. "On The Accuracy Of Cge Forecasts In Expansion And Recession: Spain 1990--1997," Economic Systems Research, Taylor & Francis Journals, vol. 27(4), pages 525-542, December.
    8. Johnes, Geraint, 2007. "The wage curve revisited: Estimates from a UK panel," Economics Letters, Elsevier, vol. 94(3), pages 414-420, March.
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    10. Ilias Livanos, 2010. "The Wage-Local Unemployment Relationship in a Highly Regulated Labour Market: Greece," Regional Studies, Taylor & Francis Journals, vol. 44(4), pages 389-400.
    11. García-Mainar , Inmaculada & Montuenga-Gómez , Víctor M., 2012. "Wage dynamics in Spain: evidence from individual data (1994-2001)," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 24, pages 41-58.
    12. Víctor M. Montuenga‐Gómez & José M. Ramos‐Parreño, 2005. "Reconciling the Wage Curve and the Phillips Curve," Journal of Economic Surveys, Wiley Blackwell, vol. 19(5), pages 735-765, December.

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