The Wage Curve: Comparison between a Set of Industrialized Countries (notice n° 157169)
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fixed length control field | 01188cam a2200169 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250112031836.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Guichard, Stéphanie |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | The Wage Curve: Comparison between a Set of Industrialized Countries |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2001.<br/> |
500 ## - GENERAL NOTE | |
General note | 3 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | This paper offers a systematic comparison of wage formation in industrialised countries. A wage curve with nominal rigidities is calculated for a panel of 16 countries according to a specific method based on GMM and factor analysis. Firstly, we show that the employment rate is a better indicator of labour market tensions than the unemployment rate. Secondly, we demonstrate that the main difference across countries is the reaction of the wage rate to changes in productivity and the employment rate. Thirdly, we find evidence of some nominal rigidity in wage behaviour and of a small but positive effect of the wedge on labour cost. |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Laffargue, Jean-Pierre |
Relator term | author |
786 0# - DATA SOURCE ENTRY | |
Note | Economie & prévision | o 147 | 1 | 2001-02-01 | p. 37-49 | 0249-4744 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2001-1-page-37?lang=en">https://shs.cairn.info/journal-economie-et-prevision-1-2001-1-page-37?lang=en</a> |
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