Spatial heterogeneity in the wage curve
Blanchflower and Oswald argue that the wage curve is a predictable empirical relationship with the “unemployment elasticity of pay” of about −0.1. Using GWR I find evidence of significant spatial heterogeneity in the unemployment elasticity of pay for US counties.
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340, London School of Economics - Centre for Labour Economics.
- Simonetta Longhi & Peter Nijkamp & Jacques Poot, 2006.
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