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Wage Equations Wage Curves And All That
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Book Synopsis Wage Equations, Wage Curves and All that by : Brian Bell
Download or read book Wage Equations, Wage Curves and All that written by Brian Bell and published by . This book was released on 2000 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Wage Curve by : David G. Blanchflower
Download or read book The Wage Curve written by David G. Blanchflower and published by MIT Press. This book was released on 1994 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.
Book Synopsis International Wage Curves by : David G. Blanchflower
Download or read book International Wage Curves written by David G. Blanchflower and published by . This book was released on 1992 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper provides evidence for the existence of a negatively sloped locus linking the level of pay to the rate of regional (or industry) unemployment. This "wage curve" is estimated using microeconomic data for Britain, the US, Canada, Korea, Austria, Italy, Holland, Switzerland, Norway, and Germany, The average unemployment elasticity of pay is approximately -0.1. The paper sets out a multi-region efficiency wage model and argues that its predictions are consistent with the data
Book Synopsis Wage Bargaining and the Phillips Curve by : Alan Manning
Download or read book Wage Bargaining and the Phillips Curve written by Alan Manning and published by . This book was released on 1992 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Group Wage Curves by : Timothy J. Bartik
Download or read book Group Wage Curves written by Timothy J. Bartik and published by . This book was released on 2000 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Equations for Selected Manufacturing Industries, 1950-64 by : Harry H. Kelejian
Download or read book Wage Equations for Selected Manufacturing Industries, 1950-64 written by Harry H. Kelejian and published by . This book was released on 1968 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Econometric Wage and Price Models: Assessing the Impact of the Economic Stabilization Program by : A. Bradley Askin
Download or read book Econometric Wage and Price Models: Assessing the Impact of the Economic Stabilization Program written by A. Bradley Askin and published by . This book was released on 1974 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on the use of econometric models for mathematical analysis of wages and prices in the USA - analyses the inflation process, etc., and includes an evaluation of the economic stabilization programme (incomes policy) based on extensions of three models. Graphs and references.
Book Synopsis The Wage Curve by : David Edward Card
Download or read book The Wage Curve written by David Edward Card and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis From Phillips Curve to Wage Curve by : Johannes Jakobus Graafland
Download or read book From Phillips Curve to Wage Curve written by Johannes Jakobus Graafland and published by . This book was released on 1992 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Empirical Structural Evidence on Wages, Prices and Employment in the US by : Olivier J. Blanchard
Download or read book Empirical Structural Evidence on Wages, Prices and Employment in the US written by Olivier J. Blanchard and published by . This book was released on 1990 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, I investigate US post war price, wage and employment dynamics by identifying and estimating a price and a wage equation. I reach the following two main conclusions: Nominal wages adjust faster to prices than prices do to nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The wage equation implies that the effect on wage inflation of a permanent increase in unemployment, given prices, is largely temporary. This can be interpreted in various ways. One is that, if the wage equation is interpreted as a Phillips curve, both the rate of change and the level of unemployment play an important role in wage determination. The methodology of the paper is somewhat different from the traditional approach to the estimation of price and wage equations. Its spirit is to impose on the reduced form a just identifying set of restrictions. In this way, a structural interpretation is made possible, while the data are left free to speak
Book Synopsis The Phillips Curve is a Real Wage Equation by : Andrew Newell
Download or read book The Phillips Curve is a Real Wage Equation written by Andrew Newell and published by . This book was released on 1986 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Profits, Concessions, and the Wage Equation by : Robert S. Gay
Download or read book Profits, Concessions, and the Wage Equation written by Robert S. Gay and published by . This book was released on 1985 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Phillips Curve is a Wage Equation by : Andrew Newell
Download or read book The Phillips Curve is a Wage Equation written by Andrew Newell and published by . This book was released on 1986 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Estimating a Micro Wage Equation: Pitfalls and Some Provisional Estimates by : Alan S. Blinder
Download or read book Estimating a Micro Wage Equation: Pitfalls and Some Provisional Estimates written by Alan S. Blinder and published by . This book was released on 1971 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Chris Robinson Publisher :London : Department of Economics, University of Western Ontario ISBN 13 : Total Pages :104 pages Book Rating :4.E/5 ( download)
Book Synopsis Union Wage Differentials in the Public and Private Sectors by : Chris Robinson
Download or read book Union Wage Differentials in the Public and Private Sectors written by Chris Robinson and published by London : Department of Economics, University of Western Ontario. This book was released on 1982 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Aggregate Wage Equations by : Niall M. O. Sullivan
Download or read book Aggregate Wage Equations written by Niall M. O. Sullivan and published by . This book was released on 1994 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The return of the wage Phillips curve by : Jordi Galí
Download or read book The return of the wage Phillips curve written by Jordi Galí and published by . This book was released on 2010 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standard New Keynesian model with staggered wage setting is shown to imply a simple dynamic relation between wage inflation and unemployment. Under some assumptions, that relation takes a form similar to that found in empirical applications--starting with the original Phillips (1958) curve--and may thus be viewed as providing some theoretical foundations to the latter. The structural wage equation derived here is shown to account reasonably well for the comovement of wage inflation and the unemployment rate in the U.S. economy, even under the strong assumption of a constant natural rate of unemployment.