RT info:eu-repo/semantics/article T1 Wage flexibility and local labour markets: a test on the homogeneity of the wage curve in Spain T2 Flexibilidad salarial y mercados de trabajo locales: un contraste sobre la homogeneidad de la curva de salarios en España A1 Bande Ramudo, Roberto A1 Fernández Fernández, Melchor A1 Montuenga Gómez, Víctor Manuel K1 Wage flexibility K1 Wage curve K1 Structure of Earnings Survey K1 Regional unemployment K1 Flexibilidad salarial K1 Curva de salarios K1 Encuesta de Estructura Salarial K1 Desempleo regional K1 Economía K1 Economics K1 Geografía K1 Geography K1 Sociología K1 Sociology AB In this paper we analyse wage flexibility in Spain and its regionaldifferences, departing from the estimation of wage curves. Using data from the Structure of Earnings Survey for 1995, 2002 and 2006, we estimate regional wage equations, relating the observed wage received by workers to a group of personal and job characteristics, as well as to the regional unemployment rate. This analysis allows us to test for the existence of regional differences in the degree of wageflexibility, which may have an important influence on the evolution of regional unemployment, given its impact on the ability of the local labour market to absorb negative shocks. Estimated results indicate that regions suffering from higher unemployment rates exhibit lower wage flexibility. Collective bargaining reforms should pursue greater wage flexibility, especially in regions with high rates of joblessness. PB Asociación Española de Ciencia Regional (AECR) SN 2340-2717 YR 2012 FD 2012 LK http://hdl.handle.net/10017/27082 UL http://hdl.handle.net/10017/27082 LA eng DS MINDS@UW RD 28-mar-2024