Sanromà, EsteveRamos Lobo, Raúl2015-10-262015-10-262005-091328-1143https://hdl.handle.net/2445/67465Individual 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.17 p.application/pdfeng(c) Centre for Labour Market Research, 2005SalarisAturMercat de treballEspanyaWagesUnemploymentLabor marketSpaininfo:eu-repo/semantics/article5273952015-10-26info:eu-repo/semantics/openAccess