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relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …
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unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and …
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relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …
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microeconomic data from Italy and Spain I obtain three main results. First, the unemployment elasticity of wages is negative and … of unemployment is associated with a drop in wages of 5.2 percent. Second, according to my results, Italian wages are … worker is hired. Finally, Spanish wages are not significantly correlated with past unemployment. An important determinant of …
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