Reconciling the Wage Curve and the Phillips Curve
综述非竞争性劳动力市场模型，探讨如何弥合工资水平与失业率的负向关系（工资曲线）和工资增长率与失业率的关系（菲利普斯曲线）之间的概念差距。
Abstract. The wage curve is the negative relationship that links wage levels to the unemployment rate. It fits accurately with modern non‐competitive labour‐market models, but goes against a Phillips‐curve modelling, because the latter ties wage growth to the unemployment rate. In this article, we present a comprehensive review of these non‐competitive models, highlighting recent contributions that try to eliminate the possible ‘gap’ that exists between the concepts of the wage curve, on the one hand, and the Phillips curve, on the other.