Montuenga-Gomez, Victor; Fernandez, Melchor; Romeu, Andres - In: International Review of Applied Economics 21 (2007) 2, pp. 247-272
This paper examines the effect of productivity on wages for Spanish industrial sectors by developing a model that captures effects from both sector-specific and aggregate variables. The results show that a dual behaviour can be inferred, at the sector level, in the wage-setting mechanism. It is...