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The wage curve

by David G. Blanchflower

WagesStatistical methodsUnemployment

"This paper summarizes evidence for the existence of a wage curve -- a downward-sloping relationship between the level of pay and the local unemployment rate -- in modern micro data. At the time of writing, the curve has been found in 40 nations. Its elasticity is approximately -0.1"--Forschungsinstitut zur Zukunft der Arbeit web site.

Writing a summary for young readers…

For young readers

Book data: Open Library