Work

Wages and employment : issues and evidence

Year: 1985

Type: article

Abstract: 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 between 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.

Source: Strathprints: The University of Strathclyde institutional repository (University of Strathclyde)

Authors: Bell, D N F, Holden, Darryl R, McGregor, Peter G

Institutions: University of Stirling, University of Strathclyde, University of Warwick

Language: English

Topic: Labor market dynamics and wage inequality

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W2205815660

FWCI:

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Related to: 10