The wage curve : an entry written for the new palgrave, 2nd edition

David G. Blanchflower; Andrew J. Oswald

This paper summarizes evidence for the existence of a wage curve a downward-sloping relationship between the level of pay and the local unemployment rate in modern micro data. At the time of writing, the curve has been found in 40 nations. Its elasticity is approximately -0.1. -- wage determination ; unemployment ; wage curve ; Philips curve

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Year of publication:	May 2006
Other Persons:	Blanchflower, David G. (contributor) ; Oswald, Andrew J. (contributor)
Publisher:	Bonn : IZA
Subject:	Großbritannien \| United Kingdom \| Lohn \| Wages

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Extent:	Online-Ressource, 5 S., Text graph. Darst.
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. 2138
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/34176 [Handle]
Classification:	J3 - Wages, Compensation, and Labor Costs ; J4 - Particular Labor Markets ; J6 - Mobility, Unemployment, and Vacancies ; E24 - Employment; Unemployment; Wages ; E31 - Price Level; Inflation; Deflation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003391949