The Birth of the "Wage Curve" in Hungary, 1989-1995

Gabor Kertesi and Janos Köllő (kollo@econ.core.hu)

No 104, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: The paper investigates linkages between regional unemployment and regional wages in Hungary. The evolution of a 'wage curve' is followed from 1989 to 1995 using surveys of employees, employers and unemployed job seekers. Cross-section earnings functions are estimated to measure the impact of unemployment on wages. Data on enterprise performance, capital inflows and labour mobility are used to evaluate the scope for change.

Pages: pages
Date: 1997-10-01
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