Regional unemployment and wages
Project duration: 30.06.2007 to 29.04.2024
Abstract
In 1994, Blanchflower & Oswald claimed to have found an "empirical law of economics" the wage curve, which describes the wage level as a downward-sloping convex curve of the regional unemployment rate. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds especially for the Anglo-Saxon countries. In this project the Western German wage curve is reconsidered using modern econometric techniques. Among others it is planned to take spatial autocorrelation into account.
Management
30.06.2007 - 29.04.2024
Employee
Badi H.
Baltagi
30.06.2007 - 30.12.2010
Susanne
Meßmann
30.06.2010 - 29.12.2014
Jan
Mutl, Ph.D.
31.12.2011 - 29.04.2024
30.06.2007 - 29.04.2024
30.06.2009 - 29.12.2014
30.06.2007 - 29.04.2024