Julián Messina

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In 2006 all ECB publications feature a motif taken from the €5 banknote. Telex 411 144 ecb d All rights reserved. Any reproduction, publication and reprint in the form of a different publication, whether printed or produced electronically, in whole or in part, is permitted only with the explicit written authorisation of the ECB or the author(s). The views(More)
The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings,(More)
Smets for their useful comments, to all members of the WDN survey group for their fruitful cooperation and to Rebekka Christopoulou for her remarkable data assistance. The opinions expressed in the papers are those of the authors and do not necessarily reflect the views of the institutions they belong to.
Using data from 17 OECD countries over the 1960-96 period and a simple theoretical framework, we investigate the impact of institutions on the relative employment of youth, women, and older individuals. Theoretically, we show that union strategies meant to improve workers' income share imply larger disemployment effects when labor supply is more elastic.(More)
This paper characterizes job flow dynamics for a panel of 16 European countries using a unique homogeneous firm-level data set that covers both manufacturing and service firms. Consistent sectoral patterns across countries emerge, with job flows responding more rapidly to net employment changes in services than in manufacturing sectors. Differences across(More)
In 2009 all ECB publications feature a motif taken from the €200 banknote. 1 The opinions expressed in this article do not necessarily reflect the views of the European Central Bank. We are grateful to an anonymous referee of the ECB WP Series, Steinar Holden and participants at the Wage Dynamics Network Conference for helpful comments and suggestions. Fax(More)
This paper presents estimates based on individual data of downward nominal and real wage rigidities for thirteen sectors in Belgium, Denmark, Spain and Portugal in order to examine the causes and consequences of rigid wages. Our methodology follows the approach recently developed for the International Wage Flexibility Project (IWFP), whereby resistance to(More)