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The European Labour Markets - Wage Norms in Europe - A Curse or Blessing?

Andersen, Torben - In: CESifo Forum 5 (2004) 1, pp. 31-33

Persistent link: https://www.econbiz.de/10005013142

Wage policy today

Herr, Hansjörg; Horn, Gustav A - International Labour Organization (ILO), United Nations - 2012

Persistent link: https://www.econbiz.de/10010965882

Wage dynamics in Spain: evidence from individual data (1994-2001)

García-Mainar, García-Mainar , Inmaculada; … - In: INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH (2012) 24, pp. 41-58

other European countries, the wage adjustment occurs in just one period, with the elasticity of wages to unemployment being …

Persistent link: https://www.econbiz.de/10010992093

The Wage Curve: An Entry Written for the New Palgrave, 2nd Edition

Blanchflower, David G.; Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2006

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.

Persistent link: https://www.econbiz.de/10005763868

Microfoundations of the Wage Inflation in the Czech Republic

Galuscak, Kamil; Munich, Daniel - Česká Národní Banka - 2003

of the wage curve at the regional level, i.e. the relationship between the regional level of wages and regional … unemployment. Real wages adjust to changes in local unemployment in districts with low unemployment rates, a low share of public … sector, wages are negotiated at the economy-wide level, while the variance in regional unemployment does not play a role. …

Persistent link: https://www.econbiz.de/10005094110

Testing Steady-State Implications for the NAIRU

Bårdsen, Gunnar; Nymoen, Ragnar - Institutt for Samfunnsøkonomi, Norges … - 2000

Estimates of the NAIRU are usually derived either from a Phillips curve or from a wage curve. This paper investigates the correspondence between the operational NAIRU-concepts and the steady state of a dynamic wage-price model. We derive the parameter restrictions that secure that...

Persistent link: https://www.econbiz.de/10005573916

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

Baltagi, Badi H.; Blien, Uwe; Wolf, Katja - Institute for the Study of Labor (IZA) - 2008

. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds …

Persistent link: https://www.econbiz.de/10005761873

Hours and Wages in the Depression: British Engineering, 1926-1938

Hart, Robert A. - Institute for the Study of Labor (IZA) - 2000

costs, through movements from overtime to short-time schedules. Nominal wages dropped relatively modestly while real wages …

Persistent link: https://www.econbiz.de/10005822197

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

Baltagi, Badi H.; Blien, Uwe; Wolf, Katja - Center for Policy Research, Maxwell School - 2008

Blanchflower and Oswald (1994) reported that they have found an 'empirical law of economics'--the Wage Curve. Our paper reconsiders the western German Wage Curve using disaggregated regional data and is based on almost one million employees drawn from the Federal Employment Services of Germany...

Persistent link: https://www.econbiz.de/10005698365

Dimensions of the Wage-Unemployment Relationship in the Nordic Countries: Wage Flexibility without Wage Curves

Albæk, Karsten; Asplund, Rita; Blomskog, Stig; Barth, … - Økonomisk Institut, Københavns Universitet - 1999

between wages and unemployment across regions in the Nordic labor markets once regional fixed effects are accounted for. Wage … wages at the regional level. There is no evidence of a wage curve, nor of a Phillips curve, at the regional level in the …

Persistent link: https://www.econbiz.de/10005225499