Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/33997
Authors: 
Clar, Miquel
Dreger, Christian
Ramos, Raúl
Year of Publication: 
2007
Series/Report no.: 
IZA Discussion Papers 2581
Abstract: 
Evidence during the nineties about the response of real wages to shocks highlights that this response is substantially lower in European countries than in the United States and that there are important differences among European countries. Which are the reasons that explain these different reactions? In this paper, we apply meta-analytical techniques in order to provide a quantitative summary of the available evidence regarding the influence of labour market institutions on real wage flexibility. We find that the design of the study affects the obtained results, and that in more deregulated labour markets with a lower presence of trade unions, this response is particularly larger
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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