The Wage Curve

Author: David G. Blanchflower, Andrew J. Oswald

Code: LIPSEC0076662

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The Wage Curve

Author:

Code: LIPSEC0076662

20.00
WITH FREE SHIPPING
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The Wage Curve

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Author: 

Publisher:  The MIT Press

Place of printing:  Cambridge (Massachusetts)

Year of publication: 

The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics, an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect.

Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, which is one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical "law" of economics.

Product Condition:
Specimen in good condition. English text. Dust jacket with dust spots. Cuts with traces of dust. English text. Book in good conditions.

ISBN Code:  026202375X

EAN:  9780262023757

Pages:  xii; 481

Format:  Hardback with dust jacket

Dimensions (cm):
Height:  24
Width:  16

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