Local and Spatial Cointegration in the Wage Curve– A Spatial Panel Analysis for German Regions
The wage curve introduced by Blanchflower and Oswald (1990, 1994) postulates a negative correlation between wages and unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on unionized bargaining or the efficiency wage hypot...
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| Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 02-2016) |
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| Main Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Philipps-Universität Marburg
2016
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| Subjects: | |
| Online Access: | PDF Full Text |
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