Add to ORKGIn most traditional macro-economic models of the Netherlands the wage equation is specified by a Phillips curve, in which wage growth is negatively related to the unemployment rate. This paper shows, however, that wage formation can better be described by the so-called wage curve, in which the wage level instead of wage growth depends negatively on the unemployment rate
* We would like to thank Lex Hoogduin and Peter van Els for useful comments. All remaining errors ar...
This study demonstrates that a model with efficiency wages and imperfect information produces a Phil...
In flow models of the labor market, wages are determined by negotiations between workers and employe...
In most traditional macro-economic models of the Netherlands the wage equation is specified by a Phi...
Since the mid nineties unemployment has substantially decreased in some EMU-countries. One important...
In recent years, the relationship between wage growth and the unemployment gap, known as the wage Ph...
In recent years, the relationship between wage growth and the unemployment gap, known as the wage Ph...
We investigate the role of collective wage bargaining institutions on the relationship between wage ...
Phillips curve and WS-PS model, a restatement Breaking with the empirical practice of Phillips Curv...
The wage curve is the negative relationship that links wage levels to the unemployment rate. It fits...
In recent years, the relationship between wage growth and the unemployment gap, known as the wage Ph...
This paper documents a statistical regulatity or law. It shows that there exists a downward-sloping ...
In an economy with increasing returns to scale in production, wage changes and unemployment levels a...
In this paper, we estimate various dynamic wage equations for mainland Norway. Our starting point is...
Is the Philips Curve Still Applicable in Today’s Financial Environment? The relationship between wa...
* We would like to thank Lex Hoogduin and Peter van Els for useful comments. All remaining errors ar...
This study demonstrates that a model with efficiency wages and imperfect information produces a Phil...
In flow models of the labor market, wages are determined by negotiations between workers and employe...
In most traditional macro-economic models of the Netherlands the wage equation is specified by a Phi...
Since the mid nineties unemployment has substantially decreased in some EMU-countries. One important...
In recent years, the relationship between wage growth and the unemployment gap, known as the wage Ph...
In recent years, the relationship between wage growth and the unemployment gap, known as the wage Ph...
We investigate the role of collective wage bargaining institutions on the relationship between wage ...
Phillips curve and WS-PS model, a restatement Breaking with the empirical practice of Phillips Curv...
The wage curve is the negative relationship that links wage levels to the unemployment rate. It fits...
In recent years, the relationship between wage growth and the unemployment gap, known as the wage Ph...
This paper documents a statistical regulatity or law. It shows that there exists a downward-sloping ...
In an economy with increasing returns to scale in production, wage changes and unemployment levels a...
In this paper, we estimate various dynamic wage equations for mainland Norway. Our starting point is...
Is the Philips Curve Still Applicable in Today’s Financial Environment? The relationship between wa...
* We would like to thank Lex Hoogduin and Peter van Els for useful comments. All remaining errors ar...
This study demonstrates that a model with efficiency wages and imperfect information produces a Phil...
In flow models of the labor market, wages are determined by negotiations between workers and employe...