pay and the local unemployment rate in modern micro data. At the time of writing, the curve has been found in 40 nations …

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 …

pay and the local unemployment rate - in modern micro data. At the time of writing, the curve has been found in 40 nations …

unemployment. This link becomes more evident when wage inflation is disaggregated at sectoral and occupational levels. Using … exogenous variations in local market unemployment as the main identification strategy, a negative correlation between vacancy …-level wage and unemployment is also established. The correlation magnitude, however, is different across regions and skill …

unemployment. But many orthodox reforms of the labor market have proved difficult to implement because of political opposition. For …

The subject of the article is the relationship between unemployment and wages at the regional level in the Czech … national level. It is impossible to construct the wage curve in the period 2009-2010, for despite the big unemployment rise the …-2008, contrary to 2009-2010, it is possible to say the Phillips curve was valid at the national level, for the unemployment rate …

The financial crisis has resulted in a substantial increase in unemployment in the OECD. This paper shows that this … increase has reversed the reduction in structural unemployment which has been estimated to have occurred in most OECD countries … since the late 1990s. Structural unemployment is defined as a time-varying NAIRU derived from the information contained in a …

Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …

Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn t been since …

. By comparing past predictions to observed values, we find that the Phillips curve with the average unemployment rate in … districts with prevalently low unemployment rates delivers more accurate predictions of aggregated wage inflation than the … Phillips curve with the overall unemployment rate. The identification of specific groups of districts is based on our estimates …