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Further Evidence on Disaggregated Wage Curves: The Case of Spain

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Individual data from the Spanish Family Budget Survey (EPF 1990-1991) are used to estimate disaggregated wage curves (industry sector, gender, age, schooling, and occupation). The results show a wage curve for all employees with an elasticity of -0.13. It is also concluded that less protected labour market groups - young workers, manual workers and building sector workers - have a higher elasticity of wages to local unemployment. These results indicate a greater facility of firms in these segments to set wages as a function of the unemployment rate and they are supportive of efficiency wage theoretical models.

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SANROMÀ, Esteve, RAMOS LOBO, Raúl. Further Evidence on Disaggregated Wage Curves: The Case of Spain. _Australian Journal of Labour Economics_. 2005. Vol. 8, núm. 3, pàgs. 227-243. [consulta: 24 de gener de 2026]. ISSN: 1328-1143. [Disponible a: https://hdl.handle.net/2445/67465]

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