Wage flexibility and labour market institutions
Subtitle: a meta-analysis
By: by Miquel Clar, Christian Dreger, Raul Ramos.
Contributors: Dreger, Christian.
Series: Discussion paper -- no. 2581; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2581
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Wages -- United States.; Wages -- Europe.
Description: "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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 4/16/2007.

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