Time-varying wage Phillips curves in the euro area with a new measure for labor market slack
Sign Up to like & getrecommendations! Published in 2021 at "Economic Modelling"
DOI: 10.1016/j.econmod.2020.12.027
Abstract: Abstract In recent years, the relationship between wage growth and the unemployment gap, known as the wage Phillips curve, has been puzzlingly weak: whereas the unemployment gap was low, wage growth was low as well.… read more here.
Keywords: labor; wage phillips; market slack; wage growth ... See more keywords