Menezes, Antonio; Sciulli, Dario; Vieira, José Cabral - Institute for the Study of Labor (IZA) - 2007
This paper investigates the effects of labour market institutions on wage persistence among young European workers at the beginning of their careers. We use ECHP data from 1995 to 2001 for 13 EU countries and estimate a three-level random intercept probit model that allows for unobserved...