Wage dynamics: Reconciling theory and evidence

American Economic Review

Volumn 89, Issue 2, 1999, Pages 69-74

  Blanchard, Olivier ^a   Katz, Lawrence F ^b  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b HARVARD UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0002355151     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.89.2.69     Document Type: Article

References (14)

1. Abowd, John; Kramarz, Francis; Margolis, David and Troske, Kenneth. "The Relative Importance of Employer and Employee Effects on Compensation: A Comparison of France and the United States." Mimeo, Cornell University, 1998.
2. Bell, Brian. "Wage Curve or Phillips Curve?" Mimeo, Nuffield College, Oxford, U.K., September 1996.
3. Blanchard, Olivier and Katz, Lawrence. "Regional Fluctuations." Brookings Papers on Economic Activity, 1992, (1), pp. 1-61.
4. _. "What We Know and Do Not Know About the Natural Rate of Unemployment." Journal of Economic Perspectives, Winter 1997, 11(1), pp. 51-72.
5. Blanchflower, David and Oswald, Andrew. The wage curve. Cambridge, MA: MIT Press, 1994.
6. Card, David and Hyslop, Dean. "Does Inflation 'Grease the Wheels' of the Labor Market?" in Christina Romer and David Romer, eds., Reducing inflation. Chicago: University of Chicago Press, 1997, pp. 71-114.
7. Fuhrer, Jeff and Moore, George. "Inflation Persistence." Quarterly Journal of Economics, February 1995, 110(1), pp. 127-59.
8. Mortensen, Dale and Pissarides, Christopher. "Job Creation and Job Destruction in the Theory of Unemployment." Review of Economic Studies, July 1994, 61(3), pp. 397-416.
9. OECD. Employment outlook. Paris: Organization for Economic Cooperation and Development, 1997.
10. Roberts, John. "The Wage Curve and the Phillips Curve." Finance and Economics Discussion Series Working Paper No. 97-57, Federal Reserve Board, Washington, DC, 1997.
11. Sargan, J. D. "Wages and Prices in the U.K." in P. E. Hart, G. Mills, and J. K. Whitaker, eds., Econometric analysis for national economic planning. London, U.K.: Butterworths, 1964.
12. Shapiro, Carl and Stiglitz, Joseph. "Equilibrium Unemployment as a Worker Discipline Device." American Economic Review, June 1984, 74(3), pp. 433-44.
13. Taylor, John. "Aggregate Dynamics and Staggered Contracts." Journal of Political Economy, February 1980, 88(1), pp. 1-24.
14. Whelan, Karl. "Wage Curve vs. Phillips Curve: Are There Macroeconomic Implications?" Finance and Economics Discussion Series Working Paper No. 97-51, Federal Reserve Board, Washington, DC, 1997.