Do labour institutions influence how wages respond to the business cycle? Such responsiveness can then shape several …

Using Difference-in-Differences estimation and data from the European Community Household Panel, this paper suggests …

unpaid overtime. Their effective wages show a strongly procyclical reaction to changes in unemployment. Despite acyclical …

cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical … wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …

cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical … wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …

of workers in Spain. Real wages are weakly procyclical in Spain and focusing on differences in different phases of the … cyclicality in recessions. Furthermore, higher levels of unemployment do not translate into additional real wages adjustments when …. Nevertheless, wages of newly-hired workers are the most sensitive to the business cycle and exhibit the lowest asymmetric pattern …