Sanz-de-Galdeano, A. and J. Turunen
Economics Letters – 92 (2006), 93-98

Keywords: Wage curve; Fixed effects; Local unemployment; Panel data

Abstract: We use longitudinal micro data to examine the wage curve for the euro area over the period 1994–2001. The overall unemployment elasticity in the euro area is − 0.14. The elasticity varies across groups of workers and along the wage distribution.