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来源类型Working Paper
规范类型报告
DOI10.3386/w3030
来源IDWorking Paper 3030
Employment, Wages, and Unionism in a Model of the Aggregate Labor Market in Britain
John H. Pencavel
发表日期1989-07-01
出版年1989
语种英语
摘要Two propositions figure prominently in explanations for Britain's comparatively low growth in employment: first, the wage-setting mechanism is insufficiently responsive to the growth of unemployment and, second, there exists a well-defined negative causal relationship from wages to employment with the features of a conventional labor demand function. Using aggregate annual observations from 1953 to 1979, find the evidence for a conventional labor demand curve to be fragile and find little support for the notion that trade union objectives are unaffected by unemployment as some versions of the "insider-outsider" hypothesis would maintain. In general, the empirical results in this paper emphasize that confident inferences about Britain's employment record cannot be drawn from aggregate data.
主题Labor Economics
URLhttps://www.nber.org/papers/w3030
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/560305
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GB/T 7714
John H. Pencavel. Employment, Wages, and Unionism in a Model of the Aggregate Labor Market in Britain. 1989.
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