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The Effect of Labor Slack on Wages : Evidence from State-Level Relationships

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Abstract

Over the past several years, increases in most broad measures of wages have been quite muted, which many would consider symptomatic of weak demand for labor.

Suggested Citation

  • Christopher L. Smith, 2014. "The Effect of Labor Slack on Wages : Evidence from State-Level Relationships," FEDS Notes 2014-06-02-2, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfn:2014-06-02-2
    DOI: 10.17016/2380-7172.0021
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    File URL: https://www.federalreserve.gov/econresdata/notes/feds-notes/2014/effect-of-labor-slack-on-wages-evidence-from-state-level-relationships-20140602.html
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    Cited by:

    1. Kapetanios, George & Price, Simon & Tasiou, Menelaos & Ventouri, Alexia, 2021. "State-level wage Phillips curves," Econometrics and Statistics, Elsevier, vol. 18(C), pages 1-11.
    2. Mr. Stephan Danninger, 2016. "What's Up with U.S. Wage Growth and Job Mobility?," IMF Working Papers 2016/122, International Monetary Fund.
    3. Harendra Behera & Garima Wahi & Muneesh Kapur, 2017. "Phillips Curve Relationship in India: Evidence from State-Level Analysis," Working Papers id:11973, eSocialSciences.
    4. Martin DeLuca & Willem Van Zandweghe, 2023. "Postpandemic Nominal Wage Growth: Inflation Pass-Through or Labor Market Imbalance?," Economic Commentary, Federal Reserve Bank of Cleveland, vol. 2023(13), pages 1-6, August.
    5. Mr. Gee Hee Hong & Zsoka Koczan & Weicheng Lian & Mr. Malhar S Nabar, 2018. "More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies," IMF Working Papers 2018/050, International Monetary Fund.

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