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Wage curve: theory and empirics (in Russian)
Andrey Shilov Joachim Mueller
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Joachim Mueller: University of Regensburg, Germany
, 2008, issue 4, pages 93-100
We consider the concept of a wage curve describing a negative relationship between unemployment and wages. We suggest an explanation of the wage curve using a number of theoretical labor market models, and present an empirical result of its determination for Russia obtained from analysis of regional data.
Keywords: Russia; wage curve; labor market models; panel data (search for similar items in EconPapers)
JEL-codes: C23 J30 J60 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:qnt:quantl:y:2008:i:4:p:93-100
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