Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/34176
Year of Publication: 
2006
Series/Report no.: 
IZA Discussion Papers No. 2138
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper summarizes evidence for the existence of a wage curve a downward-sloping relationship between the level of 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.
Subjects: 
wage determination
unemployment
wage curve
Philips curve
JEL: 
J3
J4
J6
E24
E31
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.