Abstract
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 language | English |
|---|---|
| Pages (from-to) | 74-72 |
| Number of pages | 9 |
| Journal | Quarterly Economic Commentary |
| Volume | 10 |
| Issue number | 4 |
| Publication status | Published - May 1985 |
Fingerprint
Keywords
- wage inflation
- employment patterns
- labour demand
Cite this
}
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 journal › Article
TY - JOUR
T1 - Wages and employment
T2 - issues and evidence
AU - Bell, D N F
AU - Holden, Darryl R
AU - McGregor, Peter G
PY - 1985/5
Y1 - 1985/5
N2 - 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 betweenemployment 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.
AB - 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 betweenemployment 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.
KW - wage inflation
KW - employment patterns
KW - labour demand
UR - http://www.strath.ac.uk/frasercommentary/
UR - http://www.strath.ac.uk/fraser/
M3 - Article
VL - 10
SP - 74
EP - 72
JO - Fraser of Allander Economic Commentary
JF - Fraser of Allander Economic Commentary
SN - 2046-5378
IS - 4
ER -