Workers' flows and real wage cyclicality

"This study investigates real wage cyclicality in Portugal for the years of 1986-98, addressing the heterogeneity in wages responses to aggregate labor market conditions for workers’ hirings and separations. The results exhibit a moderate procyclical behavior of real wages for continuously empl...

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Bibliographic Details
Main Authors: Carneiro, Anabela, Portugal, Pedro
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2007
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19125718124919439909-Workers-flows-and-real-wage-cy.htm
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author Carneiro, Anabela
Portugal, Pedro
author_facet Carneiro, Anabela
Portugal, Pedro
collection Library items
description "This study investigates real wage cyclicality in Portugal for the years of 1986-98, addressing the heterogeneity in wages responses to aggregate labor market conditions for workers’ hirings and separations. The results exhibit a moderate procyclical behavior of real wages for continuously employed workers, in particular, for job stayers. For workers’ accessions a strongly procyclical behavior in wages was observed, which is consistent with the idea that entry wages are much more procyclical than current wages. This empirical evidence suggests that even micro-data estimates of real wage cyclicality may conceal a strong procyclical wage behavior, when heterogeneity on wages responses to aggregate conditions between employed workers and hirings and separations is not taken into account. "
format TEXT
geographic Portugal
id 19125718124919439909_6c5926591c6b4cc8bfd7e6a4854be666
institution ETUI-European Trade Union Institute
is_hierarchy_id 19125718124919439909_6c5926591c6b4cc8bfd7e6a4854be666
is_hierarchy_title Workers' flows and real wage cyclicality
language English
physical 49 p.
Digital
publishDate 2007
publisher Bonn
IZA
spellingShingle Carneiro, Anabela
Portugal, Pedro
labour market
recruitment
statistics
termination of employment
wages
Workers' flows and real wage cyclicality
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=100424692860
title Workers' flows and real wage cyclicality
topic labour market
recruitment
statistics
termination of employment
wages
url https://www.labourline.org/KENTIKA-19125718124919439909-Workers-flows-and-real-wage-cy.htm