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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 and RAMOS LOBO, Raúl. Further Evidence on Disaggregated Wage Curves: The Case of Spain. Australian Journal of Labour Economics. 2005. Vol. 8, num. 3, pags. 227-243. ISSN 1328-1143. [consulted: 18 of August of 2026]. Available at: https://hdl.handle.net/2445/67465

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