Wage Flexibility and Labour Market Institutions: A Meta‐Analysis
运用元分析技术，量化总结了劳动力市场制度对实际工资灵活性的影响，发现研究设计会影响结果，且工会力量较弱、管制较少的劳动力市场中工资对冲击的反应更大。
SUMMARY 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.