Wage Dynamics: Reconciling Theory and Evidence
Author
Abstract
Suggested Citation
Note: LS
Download full text from publisher
Other versions of this item:
- Lawrence F. Katz & Olivier Blanchard, 1999. "Wage Dynamics: Reconciling Theory and Evidence," American Economic Review, American Economic Association, vol. 89(2), pages 69-74, May.
References listed on IDEAS
- Mortensen, Dale & Pissarides, Christopher, 2011.
"Job Creation and Job Destruction in the Theory of Unemployment,"
Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 1-19.
- Dale T. Mortensen & Christopher A. Pissarides, 1994. "Job Creation and Job Destruction in the Theory of Unemployment," Review of Economic Studies, Oxford University Press, vol. 61(3), pages 397-415.
- Dale T. Mortensen & Christopher A. Pissarides, 1993. "Job Creation and Job Destruction in the Theory of Unemployment," CEP Discussion Papers dp0110, Centre for Economic Performance, LSE.
- David G. Blanchflower & Andrew J. Oswald, 1995.
"The Wage Curve,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 026202375x, February.
- David G. Blanchflower & Andrew J. Oswald, 1989. "The Wage Curve," NBER Working Papers 3181, National Bureau of Economic Research, Inc.
- Blanchflower, D. & Oswald, A., 1989. "The Wage Curve," Papers 340, London School of Economics - Centre for Labour Economics.
- Jeff Fuhrer & George Moore, 1995.
"Inflation Persistence,"
The Quarterly Journal of Economics, Oxford University Press, vol. 110(1), pages 127-159.
- Jeffrey C. Fuhrer & George R. Moore, 1993. "Inflation persistence," Proceedings, Federal Reserve Bank of San Francisco, issue Mar.
- Jeffrey C. Fuhrer & George R. Moore, 1993. "Inflation persistence," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
- Jeffrey C. Fuhrer & George R. Moore, 1993. "Inflation persistence," Finance and Economics Discussion Series 93-17, Board of Governors of the Federal Reserve System (U.S.).
- Abowd, John M. & Kramarz, Francis & Margolis, David N. & Troske, Kenneth R., 2001.
"The Relative Importance of Employer and Employee Effects on Compensation: A Comparison of France and the United States,"
Journal of the Japanese and International Economies, Elsevier, vol. 15(4), pages 419-436, December.
- John M. Abowd & Francis Kramarz & David Margolis & Kenneth R. Troske, 1996. "The Relative Importance of Employer and Employee Effects on Compensation: A Comparison of France and the United States," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00378212, HAL.
- Abowd, J.M. & Kramarz, F. & Margolis, D.N. & Troske, K.R., 1998. "The Relative Importance of Employer and Employeee Effects on Compensation: a Comparison of France and the United States," Papiers du Laboratoire de Microéconomie Appliquée 1998-10, Université Panthéon-Sorbonne (Paris 1).
- John M. Abowd & Francis Kramarz & David Margolis & Kenneth R. Troske, 1996. "The Relative Importance of Employer and Employee Effects on Compensation: A Comparison of France and the United States," Post-Print halshs-00378212, HAL.
- John M. Abowd & Francis Kramarz & David Margolis & Kenneth R. Troske, 2001. "The Relative Importance of Employer and Employee Effects on Compensation: A Comparison of France and the United States," Post-Print halshs-00353821, HAL.
- John M. Abowd & Francis Kramarz & David Margolis & Kenneth R. Troske, 2001. "The Relative Importance of Employer and Employee Effects on Compensation: A Comparison of France and the United States," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00353821, HAL.
- Fuhrer, Jeffrey C., 2010.
"Inflation Persistence,"
Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 9, pages 423-486,
Elsevier.
- Jeff Fuhrer & George Moore, 1995. "Inflation Persistence," The Quarterly Journal of Economics, Oxford University Press, vol. 110(1), pages 127-159.
- Jeffrey C. Fuhrer, 2009. "Inflation persistence," Working Papers 09-14, Federal Reserve Bank of Boston.
- David Card & Dean Hyslop, 1997.
"Does Inflation "Grease the Wheels of the Labor Market"?,"
NBER Chapters, in: Reducing Inflation: Motivation and Strategy, pages 71-122,
National Bureau of Economic Research, Inc.
- David Card & Dean Hyslop, 1995. "Does Inflation "Grease the Wheels of the Labor Market"?," Working Papers 735, Princeton University, Department of Economics, Industrial Relations Section..
- David Card & Dean Hyslop, 1996. "Does Inflation "Grease the Wheels of the Labor Market"?," NBER Working Papers 5538, National Bureau of Economic Research, Inc.
- Karl Whelan, 1997.
"Wage Curve vs. Phillips Curve : are there macroeconomic implications?,"
Open Access publications
10197/246, School of Economics, University College Dublin.
- Karl Whelan, 1997. "Wage curve vs. Phillips curve: are there macroeconomic implications?," Finance and Economics Discussion Series 1997-51, Board of Governors of the Federal Reserve System (U.S.).
- David G. Blanchflower & Andrew J. Oswald, 1995.
"The Wage Curve,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 026202375x, March.
- Blanchflower, David G & Oswald, Andrew J, 1990. " The Wage Curve," Scandinavian Journal of Economics, Wiley Blackwell, vol. 92(2), pages 215-235.
- David G. Blanchflower & Andrew J. Oswald, 1989. "The Wage Curve," NBER Working Papers 3181, National Bureau of Economic Research, Inc.
- Blanchflower, D. & Oswald, A., 1989. "The Wage Curve," Papers 340, London School of Economics - Centre for Labour Economics.
- Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Daniel Aaronson & Daniel G. Sullivan, 2000. "Recent evidence on the relationship between unemployment and wage growth," Working Paper Series WP-00-27, Federal Reserve Bank of Chicago.
- Jean Farès, 2002. "Does Micro Evidence Support the Wage Phillips Curve in Canada?," Staff Working Papers 02-4, Bank of Canada.
- Víctor M. Montuenga‐Gómez & José M. Ramos‐Parreño, 2005. "Reconciling the Wage Curve and the Phillips Curve," Journal of Economic Surveys, Wiley Blackwell, vol. 19(5), pages 735-765, December.
- Giorgio Fagiolo & Giovanni Dosi & Roberto Gabriele, 2005.
"Towards an evolutionary interpretation of aggregate labor market regularities,"
Springer Books, in: Uwe Cantner & Elias Dinopoulos & Robert F. Lanzillotti (ed.), Entrepreneurships, the New Economy and Public Policy, pages 223-252,
Springer.
- Giovanni Dosi & Giorgio Fagiolo & Roberto Gabriele, 2004. "Towards an Evolutionary Interpretation of Aggregate Labor Market Regularities," LEM Papers Series 2004/02, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Gabriele R. & Fagiolo G. & Dosi G., 2004. "Towards an Evolutionary Interpretation of Aggregate Labor Market Regularities," Computing in Economics and Finance 2004 84, Society for Computational Economics.
- Blanchflower, David G. & Oswald, Andrew J., 2006. "The Wage Curve: An Entry Written for the New Palgrave, 2nd Edition," IZA Discussion Papers 2138, Institute of Labor Economics (IZA).
- James M. Malcomson & Sophocles Mavroeidis, 2007. "Matching Frictions, Efficiency Wages, and Unemployment in the USA and the UK," Working Papers 2007-02, Brown University, Department of Economics.
- Patrick A. Puhani, 2000.
"On the Identification of Relative Wage Rigidity Dynamics,"
William Davidson Institute Working Papers Series
343, William Davidson Institute at the University of Michigan.
- Puhani, Patrick, 2001. "On the Identification of Relative Wage Rigidity Dynamics," CEPR Discussion Papers 2670, C.E.P.R. Discussion Papers.
- Karl Whelan, 1999.
"Real wage dynamics and the Phillips Curve,"
Open Access publications
10197/250, School of Economics, University College Dublin.
- Karl Whelan, 2000. "Real wage dynamics and the Phillips curve," Finance and Economics Discussion Series 2000-02, Board of Governors of the Federal Reserve System (U.S.).
- Givens, Gregory E., 2011.
"Unemployment insurance in a sticky-price model with worker moral hazard,"
Journal of Economic Dynamics and Control, Elsevier, vol. 35(8), pages 1192-1214, August.
- Gregory Erin Givens, 2008. "Unemployment Insurance in a Sticky-Price Model with Worker Moral Hazard," Working Papers 200807, Middle Tennessee State University, Department of Economics and Finance.
- David G. Blanchflower & Andrew J. Oswald, 2005.
"The Wage Curve Reloaded,"
NBER Working Papers
11338, National Bureau of Economic Research, Inc.
- Blanchflower, David G. & Oswald, Andrew J., 2005. "The Wage Curve Reloaded," IZA Discussion Papers 1665, Institute of Labor Economics (IZA).
- Puhani, Patrick A., 2000.
"On the Identification of Relative Wage Rigidity Dynamics. A Proposal for a Methodology on Cross-Section Data and Empirical Evidence for Poland in Transition,"
IZA Discussion Papers
226, Institute of Labor Economics (IZA).
- Puhani, Patrick A., 2000. "On the identification of relative wage rigidity dynamics: a proposal for a methodology on cross-section data and empirical evidence for Poland in transition," ZEW Discussion Papers 00-56, ZEW - Leibniz Centre for European Economic Research.
- PUHANI Patrick A., 2000. "On the Identification of Relative Wage Rigidity Dynamics A Proposal for a Methodology on Cross-Section Data and Empirical Evidence for Poland in Transition," IRISS Working Paper Series 2000-11, IRISS at CEPS/INSTEAD.
- Peter Nijkamp & Jacques Poot, 2005.
"The Last Word on the Wage Curve?,"
Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 421-450, July.
- Peter Nijkamp & Jacques Poot, 2002. "The Last Word on the Wage Curve?," Tinbergen Institute Discussion Papers 02-029/3, Tinbergen Institute, revised 13 Mar 2003.
- Daniel Aaronson & Daniel G. Sullivan, 2000. "Unemployment and wage growth: recent cross-state evidence," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q II), pages 41-54.
- Boggio, Luciano, 2009. "Long-run effects of low-wage countries' growing competitiveness and exports of manufactures," Structural Change and Economic Dynamics, Elsevier, vol. 20(1), pages 38-49, March.
- Brücker, Herbert & Hauptmann, Andreas & Jahn, Elke J. & Upward, Richard, 2014.
"Migration and imperfect labor markets: Theory and cross-country evidence from Denmark, Germany and the UK,"
European Economic Review, Elsevier, vol. 66(C), pages 205-225.
- Herbert Brücker & Elke Jahn & Richard Upward, 2012. "Migration and Imperfect Labor Markets: Theory and Cross-country Evidence from Denmark, Germany and the UK," Norface Discussion Paper Series 2012020, Norface Research Programme on Migration, Department of Economics, University College London.
- Brücker, Herbert & Jahn, Elke J. & Upward, Richard, 2012. "Migration and Imperfect Labor Markets: Theory and Cross-Country Evidence from Denmark, Germany and the UK," IZA Discussion Papers 6713, Institute of Labor Economics (IZA).
- Christoffel, Kai & Linzert, Tobias, 2005.
"The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics,"
IZA Discussion Papers
1896, Institute of Labor Economics (IZA).
- Christoffel, Kai & Linzert, Tobias, 2005. "The role of real wage rigidity and labor market frictions for unemployment and inflation dynamics," Working Paper Series 556, European Central Bank.
- Christoffel, Kai & Linzert, Tobias, 2006. "The role of real wage rigidity and labor market frictions for unemployment and inflation dynamics," Discussion Paper Series 1: Economic Studies 2006,11, Deutsche Bundesbank.
- Olivier Blanchard & Lawrence F. Katz, 1997.
"What We Know and Do Not Know about the Natural Rate of Unemployment,"
Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 51-72, Winter.
- Olivier Blanchard & Lawrence F. Katz, 1996. "What We Know and Do Not Know About the Natural Rate of Unemployment," NBER Working Papers 5822, National Bureau of Economic Research, Inc.
- Blanchard, O & Katz, L, 1996. "What We Know and Do Not Know about the Natural Rate of Unemployment," Working papers 96-29, Massachusetts Institute of Technology (MIT), Department of Economics.
- Marisa Carla Bucheli Anaya & Cecilia González Rodríguez-Villamil, 2012.
"An estimation of the wage curve for Uruguay,"
Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, June.
- Marisa Bucheli & Cecilia González, 2007. "An estimation of the wage curve for Uruguay," Documentos de Trabajo (working papers) 1107, Department of Economics - dECON.
- Hynninen, Sanna-Mari, 2009. "Is there a wage curve for the highly educated?," ISER Working Paper Series 2009-17, Institute for Social and Economic Research.
- Richard K. Crump & Stefano Eusepi & Marc Giannoni & Aysegul Sahin, 2019.
"A Unified Approach to Measuring u,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(1 (Spring), pages 143-238.
- Giannoni, Marc & Crump, Richard K. & Eusepi, Stefano & Sahin, Aysegul, 2019. "A Unified Approach to Measuring u," CEPR Discussion Papers 13939, C.E.P.R. Discussion Papers.
- Richard K. Crump & Stefano Eusepi & Marc Giannoni & Ayşegül Şahin, 2019. "A unified approach to measuring u," Staff Reports 889, Federal Reserve Bank of New York.
- Richard K. Crump & Stefano Eusepi & Marc Giannoni & Ayşegül Şahin, 2019. "A Unified Approach to Measuring u," NBER Working Papers 25930, National Bureau of Economic Research, Inc.
More about this item
JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
NEP fields
This paper has been announced in the following NEP Reports:- NEP-PKE-1999-02-15 (Post Keynesian Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:6924. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/nberrus.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.