Hysteresis in the earnings function: an analysis by occupation

Simon C. Parker () and Timothy Dewhurst

Applied Economics Letters, 1994, vol. 1, issue 9, pages 158-160

Abstract: The theory of hysteresis in the earnings function is tested by investigating its existence across a variety of occupations. Hysteresis signals are detected for professionals and executives, but not for manual construction workers or for the self-employed, so lending support to the theory.

Date: 1994
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