New Evidence on the Dynamic Wage Curve for Western Germany : 1980-2004

In 1994, Blanchflower and Oswald reported that they have found an empirical law of economics the Wage Curve. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds especially for the Anglo-Saxon countries...

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Year of publication:	2008-04-01
Authors:	Baltagi, Badi H. ; Blien, Uwe ; Wolf, Katja
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Phillips-Kurve \| Einkommensverteilung \| Regionaler Arbeitsmarkt

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Extent:	124928 bytes 16 p. application/pdf
Series:	Universität Bonn - Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA) - Discussion Papers in 2008 Discussion Paper ; 3433 (2008)
Type of publication:	Book / Working Paper
Language:	English
Classification:	C23 - Models with Panel Data ; J30 - Wages, Compensation, and Labor Costs. General ; R10 - General Regional Economics. General ; Personnel administration. Human resources management. General ; Individual Working Papers, Preprints ; Germany. General Resources
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005860226

New Evidence on the Dynamic Wage Curve for Western Germany : 1980-2004

New Evidence on the Dynamic Wage Curve for Western Germany : 1980-2004