This paper examines the wage curve in Australia. Regressions for weekly earnings are estimated on a pooled cross-section data set for 1982 to 1994/95. Using the preferred regression specification it is found that the elasticity of weekly earnings with respect to state-level rates of unemployment is -0.07 to -0.09. These findings are robust to a variety of modifications to the regression specification. A comparison of Australia, the US and UK is undertaken to examine how differences in wage-setting institutions between those countries might affect wage curve estimates. Copyright 2000 by Oxford University Press.
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Volume (Year): 52 (2000) Issue (Month): 4 (October) Pages: 774-803 Download reference. The following formats are available: HTML
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Paper
Kennedy, S. & Borland, J., 1997.
"A wage Curve for Australia?,"
CEPR Discussion Papers
372, Centre for Economic Policy Research, Research School of Social Sciences, Australian National University.
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Inmaculada García-Mainar & Víctor Montuenga-Gómez, 2003.
"The Spanish Wage Curve: 1994-1996,"
Regional Studies,
Taylor and Francis Journals, vol. 37(9), pages 929-945, December.
[Downloadable!] (restricted)
repec:bep:mactop:v:7:y:2007:i:1:p:1365-1365 is not listed on IDEAS
David G. Blanchflower & Andrew J. Oswald, 2005.
"The Wage Curve Reloaded,"
NBER Working Papers
11338, National Bureau of Economic Research, Inc.
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