The Changing Relationship between Productivity, Wages and Unemployment in the UK.

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 1993
Volume: 55
Issue: 1
Pages: 87-102

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper uses time-series methods to analyze the changing relationship between unemployment, real wages, and productivity. Most economic models of the labor market, such as bargaining, search, contract, and efficiency wage theories, justify a relationship between these three variables. Only insider-outsider models cast doubt on any relationship at all between unemployment and wages. Copyright 1993 by Blackwell Publishing Ltd

Technical Details

RePEc Handle
repec:bla:obuest:v:55:y:1993:i:1:p:87-102
Journal Field
General
Author Count
1
Added to Database
2026-01-24