Reconciling the wage curve and the Phillips curve

被引：22

作者：

Montuenga-Gómez, VM ^{[1
]}

Ramos-Parreño, JM ^{[1
]}

机构：

[1] Univ La Rioja, Logrono, Spain

来源：

JOURNAL OF ECONOMIC SURVEYS | 2005年 / 19卷 / 05期

关键词：

involuntary unemployment; Phillips curve; wage curve;

D O I：

10.1111/j.0950-0804.2005.00266.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The wage curve is the negative relationship that links wage levels to the unemployment rate. It fits accurately with modern non-competitive labour-market models, but goes against a Phillips-curve modelling, because the latter ties wage growth to the unemployment rate. In this article, we present a comprehensive review of these non-competitive models, highlighting recent contributions that try to eliminate the possible 'gap' that exists between the concepts of the wage curve, on the one hand, and the Phillips curve, on the other.

引用

页码：735 / 765

页数：31

共 122 条

[1] The relative importance of employer and employee effects on compensation: A comparison of France and the United States [J].