Hysteresis in the earnings function: an analysis by occupation
Simon Parker () and
Timothy Dewhurst
Applied Economics Letters, 1994, vol. 1, issue 9, 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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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:1:y:1994:i:9:p:158-160
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DOI: 10.1080/135048594358023
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