La evolución reciente de los salariosfactores estructurales, institucionales e inflación

  1. Juan F. Jimeno Serrano 1
  2. Ana Lamo Rubio 2
  1. 1 Banco de España, Universidad de Alcalá, CEMFI, CEPR e IZA
  2. 2 Banco Central Europeo
Revista:
Información Comercial Española, ICE: Revista de economía

ISSN: 0019-977X

Any de publicació: 2022

Títol de l'exemplar: El proceso inflacionario en España y el área del euro: un análisis económico

Número: 929

Pàgines: 105-113

Tipus: Article

DOI: 10.32796/ICE.2022.929.7529 DIALNET GOOGLE SCHOLAR lock_openAccés obert editor

Altres publicacions en: Información Comercial Española, ICE: Revista de economía

Resum

During the last decades, wage growth has been conditioned by various factors: technological changes and the increase in monopoly power that have reduced the weight of wages in national income, institutional changes produced by labor reforms that have modified the fixing mechanism of wages and the adjustment to the Great Recession of 2008-2014 and, later, to the crisis of COVID-19. All these changes occurred in a context of low or no inflation, even deflation in some years. This article analyzes how the change in the macroeconomic context towards one of high and persistent inflation can influence the determination of nominal and real wages and their dependence on structural and institutional factors.Palabras clave: salarios, inflación, automatización, demografía, shock energético.Keywords: wages, inflation, automation, demography, energy shock.JEL: E31, J30.* Banco de España, Universidad de Alcalá, CEMFI, CEPR e IZA.Contacto: juan.jimeno@bde.es** Banco Central Europeo.Contacto:ana.lamo@gmail.comLos contenidos y opiniones en este artículo son responsabilidad exclusiva de los autores y no coinciden necesariamente con los del Banco Central Europeo ni con los del Banco de España.Versión de noviembre de 2022.https://doi.org/10.32796/ice.2022.929.7529

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