Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/31897 
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dc.contributor.authorBaltagi, Badi H.en
dc.contributor.authorBlien, Uween
dc.contributor.authorWolf, Katjaen
dc.date.accessioned2007-04-25-
dc.date.accessioned2010-05-14T11:22:41Z-
dc.date.available2010-05-14T11:22:41Z-
dc.date.issued2007-
dc.identifier.urihttp://hdl.handle.net/10419/31897-
dc.description.abstractThis paper reconsiders the West German wage curve using the employment statistics of the Federal Employment Services of Germany (Bundesanstalt für Arbeit) over the period 1980-2004. This updates the earlier study by Baltagi and Blien (1998) by 15 years for a more disaggregated 326 regions of West Germany. It is based on a random sample of 417,426 individuals drawn from the population of employees whose establishments are required to report to the social insurance system. We find that the wage equation is highly autoregressive but far from unit root. This means that this wage equation is not a pure Phillips curve, nor a static wage curve, and one should account for wage dynamics. This in turn leads to a smaller but significant unemployment elasticity of -0.02 up to -0.03 rather than the -0.07 reported in the static wage curve results reported by Baltagi and Blien (1998).en
dc.language.isoengen
dc.publisher|aInstitut für Arbeitsmarkt- und Berufsforschung (IAB) |cNürnbergen
dc.relation.ispartofseries|aIAB-Discussion Paper |x14/2007en
dc.subject.jelC23en
dc.subject.jelJ30en
dc.subject.jelJ60en
dc.subject.ddc330en
dc.subject.keywordArbeitslosenquoteen
dc.subject.keywordLohnhöheen
dc.subject.keywordregionaler Arbeitsmarkten
dc.subject.keywordLohnkurveen
dc.subject.keywordIAB-Beschäftigtenstichprobeen
dc.subject.keywordPhillipskurveen
dc.subject.keywordWestdeutschlanden
dc.subject.keywordBundesrepublik Deutschlanden
dc.subject.stwLohnkurveen
dc.subject.stwPhillips-Kurveen
dc.subject.stwDeutschlanden
dc.titlePhillips Curve or wage curve? Evidence from West Germany: 1980-2004-
dc.type|aWorking Paperen
dc.identifier.ppn52778317Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:iab:iabdpa:200714en

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