Red de Bibliotecas Virtuales de Ciencias Sociales en
América Latina y el Caribe
Por favor, use este identificador para citar o enlazar este ítem:
https://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/94527| Título : | Wage curve versus Phillips curve: a microeconomic estimation for the Spanish case |
| Palabras clave : | Economía y Finanzas;Wage curve;Phillips curve;panel data |
| Editorial : | Universidad Autónoma Metropolitana Unidad Azcapotzalco |
| Descripción : | The aim of this paper is to test for the existence of a wage curve for the Spanish economy between 1994 and 1996. The results confirm the negative relation between the level of nominal wages and the unemployment rate in local labor markets. We also analyse whether there is a relation between the local unemployment rate and wage changes, as the Phillips curve describes, with disaggregated data, introducing the lagged dependent variable into the specification and check the value of its coefficient. The results do not permit us to affirm that there is evidence of a Phillips curve relation. |
| URI : | http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/94527 |
| Otros identificadores : | http://www.redalyc.org/articulo.oa?id=41313083004 |
| Aparece en las colecciones: | División de Ciencias Sociales y Humanidades - DCSH/UAM-A - Cosecha |
Ficheros en este ítem:
No hay ficheros asociados a este ítem.
Los ítems de DSpace están protegidos por copyright, con todos los derechos reservados, a menos que se indique lo contrario.