Wage curve: theory and empirics (in Russian)
AbstractWe consider the concept of a wage curve describing a negative relationship between unemployment and wages. We suggest an explanation of the wage curve using a number of theoretical labor market models, and present an empirical result of its determination for Russia obtained from analysis of regional data.
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Bibliographic InfoArticle provided by Quantile in its journal Quantile.
Volume (Year): (2008)
Issue (Month): 4 (March)
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Web page: http://quantile.ru/
Russia; wage curve; labor market models; panel data;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
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