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De Economist
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De Economist
Article . 1992 . Peer-reviewed
License: Springer TDM
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Research Papers in Economics
Preprint . 1991
Full-Text: https://mpra.ub.uni-muenchen.de/21077/1/MPRA_paper_21077.pdf
Data sources: Research Papers in Economics
https://dx.doi.org/10.1007/bf0...
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From Phillips curve to wage curve

descriptionPublicationkeyboard_double_arrow_right Article , Preprint 01 Dec 1992 English Publisher:Springer Science and Business Media LLCJournal:De Economist, volume 140, pages 501-514 (issn: 0013-063X, eissn: 1572-9982, Copyright policy )
Authors: Graafland, J.J.;

doi: 10.1007/bf01725242

From Phillips curve to wage curve

Abstract

In most traditional macroeconomic models for 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.

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Keywords

Phillips curve; wage curve; wage equation; wage bargaining; tax wedge; unemployment, jel: jel:H39, jel: jel:J38, jel: jel:J32, jel: jel:J52

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    		 15
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    influence
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
15
Average
Top 10%
Average
bronze
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