TY  - RPRT
        AU  - Clar, Miquel
AU  - Dreger, Christian
AU  - Ramos, Raul
        TI  - Wage Flexibility and Labour Market Institutions: A Meta-Analysis
        PY  - 2007/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 2581
        UR  - https://www.iza.org/publications/dp2581
        AB  - 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.
        KW  - meta analysis
KW  - wage flexibility
KW  - institutions
        ER  -