| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11338 |
| 来源ID | Working Paper 11338 |
| The Wage Curve Reloaded | |
| David G. Blanchflower; Andrew J. Oswald | |
| 发表日期 | 2005-05-16 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | This paper provides evidence for the existence of a wage curve -- a micro-econometric association between the level of pay and the local unemployment rate -- in modern U.S. data. Consistent with recent evidence from more than 40 other countries, the wage curve in the United States has a long-run elasticity of approximately -0.1. In line with the paper's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of job-finding is lower in states with higher unemployment, and (iii) employees are less happy in states that have higher unemployment. We conclude that it is reasonable to view the wage curve as an empirical law of economics. |
| 主题 | Labor Economics ; Labor Compensation ; Macroeconomics ; Consumption and Investment |
| URL | https://www.nber.org/papers/w11338 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568977 |
| 推荐引用方式 GB/T 7714 | David G. Blanchflower,Andrew J. Oswald. The Wage Curve Reloaded. 2005. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w11338.pdf（263KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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