ÜBERNAGHFRAGE UND LOHNENTWICKLUNG IN DER SCHWEIZ‐ EINE NEUE HYPOTHESE*

A. A. Rossi and K. Schiltknecht

Kyklos, 1972, vol. 25, issue 2, 239-254

Abstract: The purpose of this paper is to present a new hypothesis to explain the excess demand for labour in an economy with large foreign labour immigration. Home and foreign labour force are not homogeneous. Starting from this preliminary observation, the authors were finally led to propose a new indicator for the excess demand for labour, consisting of the relationship between the foreign labour force and the home labour force of the preceding period. Empirical testing of this hypothesis for the case of the Swiss economy has given satisfactory results.

Date: 1972
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