Wage persistence and labour market institutions
Subtitle: an analysis of young european workers
By: by Antonio Menezes, Dario Sciulli, José A. Cabral Vieira.
Contributors: Sciulli, Dario.
Series: Discussion paper -- no. 2627; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2627
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Wages -- European Union countries.; Labor supply -- European Union countries.
Description: "This paper investigates the effects of labour market institutions on wage persistence among young European workers at the beginning of their careers. We use ECHP data from 1995 to 2001 for 13 EU countries and estimate a three-level random intercept probit model that allows for unobserved heterogeneity both at the individual and country level. Overall, we find that labour market institutions explain wage persistence. In particular, we find that a high level of employment protection legislation and a high level of bargaining centralization increase wage persistence"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 4/27/2007.

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