English, Article, Journal or magazine article edition: Workers' Flows and Real Wage Cyclicality Anabela Carneiro; Pedro Portugal

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Bookmark: http://trove.nla.gov.au/version/182177
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Workers' Flows and Real Wage Cyclicality
Author
  • Anabela Carneiro
  • Pedro Portugal
Physical Description
  • preprint
Notes
  • This study investigates real wage cyclicality in Portugal for the years of 1986-98, adressing 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.
  • Wage cyclicality, hirings, separations
  • RePEc:por:cetedp:0402
Language
  • English
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