Time Series Representations of the Austrian Labor Market

Time Series Representations of the Austrian Labor Market
Author: Klaus Neusser
Publisher:
Total Pages: 54
Release: 1984
Genre: Labor supply
ISBN:

Research paper, statistical analysis and econometric model of the labour market in Austria - investigates relationships between wages, prices, unemployment and interest rates; gives comparison of USA results; discusses intertemporal substitution model and staggered wage contract model. Bibliography, graphs, statistical tables.

The Wage Curve

The Wage Curve
Author: David G. Blanchflower
Publisher: MIT Press
Total Pages: 504
Release: 1994
Genre: Business & Economics
ISBN: 9780262023757

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.

Economica

Economica
Author:
Publisher:
Total Pages: 980
Release: 1986
Genre: Economics
ISBN: