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Labour-market polarization is characterized by increased employment in occupations at the top but also at the bottom of the skills and wage distributions, followed by a relative decline in 'middling' occupations. This paper documents a polarization trend also in the Nordic labour markets and...
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Labour-market polarization is characterized by increased employment in occupations at the top but also at the bottom of the skills and wage distributions, followed by a relative decline in 'middling' occupations. This paper documents a polarization trend also in the Nordic labour markets and...
Persistent link: https://www.econbiz.de/10010326905
Persistent link: https://www.econbiz.de/10011935649
This study uses micro-data to analyze wage formation in the Nordic countries at the regional level. Our results deviate systematically from the main conclusions drawn by Blanchflower and Oswald (1994). We do find a significant negative long-run relationship between unemployment and real wages at...
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