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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: The Wage Curve
Authors: Blanchflower, David
Oswald, Andrew J
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Issue Date: Jun-1990
Publisher: Wiley-Blackwell
Citation: Blanchflower D & Oswald AJ (1990) The Wage Curve, Scandinavian Journal of Economics, 92 (2), pp. 237-242.
Abstract: This paper, which follows in an LSE tradition begun by Phillips and Sargan, examines the rote of unemployment in shaping pay. In contrast to most of the literature, it (i) users microeconometric data on individuals and workplaces, (ii) examines a variety of data sets as a check on the robustness of results, and (iii) studies the effects of unemployment on the real wage level (not on the rate of change of pay or prices). Evidence is found -- on British and U.S. data -- of a wage curve. The crave has a negative gradient at low levels of unemployment. but becomes horizontal at relatively high levels of unemployment.
Type: Journal Article
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
London School of Economics

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