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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Estimating a wage curve for Britain 1973-90
Authors: Blanchflower, David
Oswald, Andrew J
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Keywords: methodological development
modelling approach
wage curve
Issue Date: Sep-1994
Publisher: Wiley on behalf of the Royal Economic Society
Citation: Blanchflower D & Oswald AJ (1994) Estimating a wage curve for Britain 1973-90, Economic Journal, 104 (426), pp. 1025-1043.
Abstract: Following Phillips's original work on the UK, applied research on unemployment and wages has been dominated by the analysis of highly aggregated time-series data sets. However, it has proved difficult with such methods to uncover statistically reliable models. This paper adopts a different approach. It uses microeconomic data on 175 000 British workers from 1973 to 1990 to provide evidence for the existence of a negatively sloped relationship linking the level of pay to the local rate of unemployment. The paper casts doubt on standard ideas in macroeconomics, regional economics and labour economics.
Type: Journal Article
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Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Economics
University of Warwick

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