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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: An Introduction to the Wage Curve
Author(s): Blanchflower, David
Oswald, Andrew J
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Issue Date: Jun-1995
Date Deposited: 14-Dec-2012
Citation: Blanchflower D & Oswald AJ (1995) An Introduction to the Wage Curve. Journal of Economic Perspectives, 9 (3), pp. 153-167.;
Abstract: This paper documents a statistical regulatity or law. It shows that there exists a downward-sloping curve linking the level of a worker's pay to the unemployment rate in the worker's region. The same curve can be found in microeconomic data sets from sixteen countries. The existence of this curve raises doubts about conventional wisdom in labor economics, regional economics, and macroeconomics.
DOI Link: 10.1257/jep.9.3.153
Rights: Publisher allows this work to be made available in this repository. Published in Journal of Economic Perspectives, 9(3): 153-167, by American Economic Association with the following policy: The author has the right to republish, post on servers, redistribute to lists and use any component of this work in other works.

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