Wage determinants in Spain (1980-2000)

Detalhes bibliográficos
Autor(a) principal: Aixalá, José
Data de Publicação: 2010
Outros Autores: Pelet, Carmen
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Economia Aplicada
Texto Completo: https://www.revistas.usp.br/ecoa/article/view/1045
Resumo: This paper provides evidence about the nominal wage determinants in Spain during the period 1980-2000. We estimate a wage equation, using time series analysis applying an error correction mechanism. Our aim is to analyse the extent to which the evolution of wages is influenced by the unemployment, prices and productivity. The results reveal that the unemployment rate has no effect on the evolution of nominal wages. The variable that explains the evolution of nominal wages in the long term is prices, showing slightly inflationary behaviour. In the short term, wages are explained by their past values, reflecting a nominal inertia.
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spelling Wage determinants in Spain (1980-2000)WagesUnemploymentProductivityTime seriesInstitutional frameworkThis paper provides evidence about the nominal wage determinants in Spain during the period 1980-2000. We estimate a wage equation, using time series analysis applying an error correction mechanism. Our aim is to analyse the extent to which the evolution of wages is influenced by the unemployment, prices and productivity. The results reveal that the unemployment rate has no effect on the evolution of nominal wages. The variable that explains the evolution of nominal wages in the long term is prices, showing slightly inflationary behaviour. In the short term, wages are explained by their past values, reflecting a nominal inertia.Universidade de São Paulo, FEA-RP/USP2010-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://www.revistas.usp.br/ecoa/article/view/104510.1590/S1413-80502010000200005Economia Aplicada; Vol. 14 No. 2 (2010); 199-210Economia Aplicada; Vol. 14 Núm. 2 (2010); 199-210Economia Aplicada; v. 14 n. 2 (2010); 199-2101980-53301413-8050reponame:Economia Aplicadainstname:Universidade de São Paulo (USP)instacron:USPenghttps://www.revistas.usp.br/ecoa/article/view/1045/1057Copyright (c) 2015 Economia Aplicadainfo:eu-repo/semantics/openAccessAixalá, JoséPelet, Carmen2016-02-03T16:59:42Zoai:revistas.usp.br:article/1045Revistahttps://www.revistas.usp.br/ecoaPUBhttps://www.revistas.usp.br/ecoa/oai||revecap@usp.br1980-53301413-8050opendoar:2023-09-13T12:16:56.188296Economia Aplicada - Universidade de São Paulo (USP)false
dc.title.none.fl_str_mv Wage determinants in Spain (1980-2000)
title Wage determinants in Spain (1980-2000)
spellingShingle Wage determinants in Spain (1980-2000)
Aixalá, José
Wages
Unemployment
Productivity
Time series
Institutional framework
title_short Wage determinants in Spain (1980-2000)
title_full Wage determinants in Spain (1980-2000)
title_fullStr Wage determinants in Spain (1980-2000)
title_full_unstemmed Wage determinants in Spain (1980-2000)
title_sort Wage determinants in Spain (1980-2000)
author Aixalá, José
author_facet Aixalá, José
Pelet, Carmen
author_role author
author2 Pelet, Carmen
author2_role author
dc.contributor.author.fl_str_mv Aixalá, José
Pelet, Carmen
dc.subject.por.fl_str_mv Wages
Unemployment
Productivity
Time series
Institutional framework
topic Wages
Unemployment
Productivity
Time series
Institutional framework
description This paper provides evidence about the nominal wage determinants in Spain during the period 1980-2000. We estimate a wage equation, using time series analysis applying an error correction mechanism. Our aim is to analyse the extent to which the evolution of wages is influenced by the unemployment, prices and productivity. The results reveal that the unemployment rate has no effect on the evolution of nominal wages. The variable that explains the evolution of nominal wages in the long term is prices, showing slightly inflationary behaviour. In the short term, wages are explained by their past values, reflecting a nominal inertia.
publishDate 2010
dc.date.none.fl_str_mv 2010-06-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://www.revistas.usp.br/ecoa/article/view/1045
10.1590/S1413-80502010000200005
url https://www.revistas.usp.br/ecoa/article/view/1045
identifier_str_mv 10.1590/S1413-80502010000200005
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://www.revistas.usp.br/ecoa/article/view/1045/1057
dc.rights.driver.fl_str_mv Copyright (c) 2015 Economia Aplicada
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2015 Economia Aplicada
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade de São Paulo, FEA-RP/USP
publisher.none.fl_str_mv Universidade de São Paulo, FEA-RP/USP
dc.source.none.fl_str_mv Economia Aplicada; Vol. 14 No. 2 (2010); 199-210
Economia Aplicada; Vol. 14 Núm. 2 (2010); 199-210
Economia Aplicada; v. 14 n. 2 (2010); 199-210
1980-5330
1413-8050
reponame:Economia Aplicada
instname:Universidade de São Paulo (USP)
instacron:USP
instname_str Universidade de São Paulo (USP)
instacron_str USP
institution USP
reponame_str Economia Aplicada
collection Economia Aplicada
repository.name.fl_str_mv Economia Aplicada - Universidade de São Paulo (USP)
repository.mail.fl_str_mv ||revecap@usp.br
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