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In this paper we analyse wage flexibility in Spain and its regional differences, departing from the estimation of wage …
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Using longitudinal social security data, this study finds evidence of weak real wage cyclicality in Spain throughout … 1988 - 2011. The baseline estimate of a 0.4 % increase in wages in response to a one percentage point decline in the … like Spain is mainly driven by workers under temporary contracts and newly-hired workers. I calculate the cyclicality of …
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