Evidence from a range of countries suggests the existence of a "wage curve" -an inverse relation between earnings of individual workers and the rate of unemployment in the region in which they live. If such a relation does exist it has important implications for labour market theory and policy. This paper examines the robustness of the wage curve relation in Australia and attempts tp provide an interpretation of the source of the wage curve.
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Paper provided by Centre for Economic Policy Research, Research School of Social Sciences, Australian National University in its series CEPR Discussion Papers with number
372.
Find related papers by JEL classification: J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
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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