Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/31897
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dc.contributor.authorBaltagi, Badi H.en_US
dc.contributor.authorBlien, Uween_US
dc.contributor.authorWolf, Katjaen_US
dc.date.accessioned2007-04-25en_US
dc.date.accessioned2010-05-14T11:22:41Z-
dc.date.available2010-05-14T11:22:41Z-
dc.date.issued2007en_US
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_US
dc.language.isoengen_US
dc.publisher|aIAB|cNürnbergen_US
dc.relation.ispartofseries|aIAB discussion paper|x2007,14en_US
dc.subject.jelC23en_US
dc.subject.jelJ30en_US
dc.subject.jelJ60en_US
dc.subject.ddc330en_US
dc.subject.keywordArbeitslosenquoteen_US
dc.subject.keywordLohnhöheen_US
dc.subject.keywordregionaler Arbeitsmarkten_US
dc.subject.keywordLohnkurveen_US
dc.subject.keywordIAB-Beschäftigtenstichprobeen_US
dc.subject.keywordPhillipskurveen_US
dc.subject.keywordWestdeutschlanden_US
dc.subject.keywordBundesrepublik Deutschlanden_US
dc.subject.stwLohnkurveen_US
dc.subject.stwPhillips-Kurveen_US
dc.subject.stwDeutschlanden_US
dc.titlePhillips Curve or wage curve?: evidence from West Germany: 1980-2004en_US
dc.type|aWorking Paperen_US
dc.identifier.ppn52778317Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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