Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/120042
Authors: 
Montuenga, Victor
Garcia, Inmaculada
Year of Publication: 
2011
Series/Report no.: 
51st Congress of the European Regional Science Association: "New Challenges for European Regions and Urban Areas in a Globalised World", 30 August - 3 September 2011, Barcelona, Spain
Abstract: 
In this paper we test the hypothesis of a wage curve against a Phillips curve for Spain within a framework which allos for these both and more general alternatives. To this end, we use data from the European Community Household Panel, which provides micro-information for the period 1994-2001. The results indicate that a partial wage adjustment is at work, as in other European countries, and that the long-run elasticiy of wages to unemploument is close to the 'empirical law of economics' of -0.1
Document Type: 
Conference Paper

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