An Introduction to the Wage Curve
发现一条向下倾斜的曲线,将工人工资水平与其所在地区的失业率联系起来,并在16个国家的微观数据中得到验证,挑战了劳动经济学、区域经济学和宏观经济学的传统观点。
This paper documents a statistical regulatity or law. It shows that there exists a downward-sloping curve linking the level of a worker's pay to the unemployment rate in the worker's region. The same curve can be found in microeconomic data sets from sixteen countries. The existence of this curve raises doubts about conventional wisdom in labor economics, regional economics, and macroeconomics.