Wage determinants in Spain (1980-2000)
Autor(a) principal: | |
---|---|
Data de Publicação: | 2010 |
Outros Autores: | |
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. |
id |
USP-21_92ea115ea067489fd3f388cf1b7a7056 |
---|---|
oai_identifier_str |
oai:revistas.usp.br:article/1045 |
network_acronym_str |
USP-21 |
network_name_str |
Economia Aplicada |
repository_id_str |
|
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 |
_version_ |
1800221694626889728 |