Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment
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Cited by:
- Daly, Mary C. & Hobijn, Bart & Pedtke, Joseph H., 2020. "Labor market dynamics and black–white earnings gaps," Economics Letters, Elsevier, vol. 186(C).
- Michael W. L. Elsby & Matthew D. Shapiro, 2012. "Why Does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle," American Economic Review, American Economic Association, vol. 102(4), pages 1378-1413, June.
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More about this item
JEL classification:
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- J2 - Labor and Demographic Economics - - Demand and Supply of Labor
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
NEP fields
This paper has been announced in the following NEP Reports:- NEP-LAB-2009-07-03 (Labour Economics)
- NEP-MAC-2009-07-03 (Macroeconomics)
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