Wages and employment

issues and evidence

D N F Bell, Darryl R Holden, Peter G McGregor

Research output: Contribution to journalArticle

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Abstract

The present Government has laid considerable emphasis on the notion that workers can, and indeed should, "price themselves into jobs", an emphasis apparently vindicated by the Treasury's recent review of empirical evidence concerning the relationship between
employment and wages. In this article we attempt to provide a non-technical guide to the major economic issues involved in this debate, and to provide a necessarily selective account of the empirical evidence relevant to these issues. We begin by examining one major aspect of the debate: the response of firms' demands for labour to changes in the real wage.
Original languageEnglish
Pages (from-to)74-72
Number of pages9
JournalQuarterly Economic Commentary
Volume10
Issue number4
Publication statusPublished - May 1985

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Wages
Empirical evidence
Economics
Workers
Demand for labor
Government
Real wages

Keywords

  • wage inflation
  • employment patterns
  • labour demand

Cite this

Bell, D N F ; Holden, Darryl R ; McGregor, Peter G. / Wages and employment : issues and evidence. In: Quarterly Economic Commentary. 1985 ; Vol. 10, No. 4. pp. 74-72.
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Bell, DNF, Holden, DR & McGregor, PG 1985, 'Wages and employment: issues and evidence', Quarterly Economic Commentary, vol. 10, no. 4, pp. 74-72.

Wages and employment : issues and evidence. / Bell, D N F; Holden, Darryl R; McGregor, Peter G.

In: Quarterly Economic Commentary, Vol. 10, No. 4, 05.1985, p. 74-72.

Research output: Contribution to journalArticle

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