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The wage curve / David G. Blanchflower and Andrew J. Oswald.
Author
Blanchflower, David G.
[Browse]
Format
Book
Language
English
Published/Created
Cambridge, Mass. : MIT Press, ©1994.
Description
xii, 481 pages : illustrations ; 23 cm
Availability
Copies in the Library
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Call Number
Status
Location Service
Notes
ReCAP - Remote Storage
HD4915 .B6 1994
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Details
Subject(s)
Wages
—
Statistical methods
[Browse]
Unemployment
—
Statistical methods
[Browse]
Related name
Oswald, Andrew J.
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Summary note
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.
Bibliographic references
Includes bibliographical references (p. [451]-471) and index.
Contents
1. Introduction
2. Previous Research on Wages and Unemployment across Space
3. Theoretical Issues
4. The U.S. Wage Curve I: Basics
5. The U.S. Wage Curve II: Further Tests
6. Britain's Wage Curve
7. Wage Curves in Other European Countries
8. Canada, South Korea, Australia, and Other Nations
9. Summary and Conclusions
Appendix D: Canadian, Australian, and South Korean Data Files.
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ISBN
026202375X
9780262023757
9780262517027
0262517027
LCCN
94008882
OCLC
30036929
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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The wage curve / David G. Blanchflower and Andrew J. Oswald.
id
SCSB-3225253
The wage curve / David G. Blanchflower and Andrew J. Oswald.
id
SCSB-8563097