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An Introduction to the Wage Curve

Bibliographic Data

ID4029231
AuthorsDavid G Blanchflower (0000-0002-2856-7039, Professor of Economics, Dartmouth College, Hanover, New Hampshire, Cambridge, Massachusetts; Research Fellow, National Bureau of Economic Research, Cambridge, Massachusetts.), Andrew J Oswald (0000-0003-0628-3294, London School of Economics and Political Science)
Year1995
Volume9
Issue3
Pages153-167
Publication date1995-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.9.3.153
OpenAlexW2103432542
LanguageEN
Citations received51
References cited21

This paper documents a statistical regulatity or law. It shows that there exists a downward-sloping curve linking the level of a worker's pay to the unemployment rate in the worker's region. The same curve can be found in microeconomic data sets from sixteen countries. The existence of this curve raises doubts about conventional wisdom in labor economics, regional economics, and macroeconomics

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Unique citing works51
Citations per year1,55
Citation span1993 - 2026 (34)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 47

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