What people are saying - Write a review
We haven't found any reviews in the usual places.
Estimates of the real wage equation
2 other sections not shown
14 countries 14 Industrialised Countries 16 OECD Countries affects domestic prices Aggregate Demand ALOGOSKOUFIS Average of Estimates Awedge Belgium Britain capital per head capital-labour ratio cent Centre for Labour Czechoslovakia data annex dependent variable Depression discarded the real effect equilibrium Finland government expenditure historical data sources increase in tariffs increased the real labour demand equation labour demand schedule Labour Economics labour force Labour Market lagged instruments LAYARD League of Nations level wedge MARINI model in column Monetary Policy money balances national historical data Newell and Symons NICKELL nominal interest rate nominal rigidity nominal wage rigidity OSWALD p-py Phillips Curve post-war results price equation price level Price of traded Protectionism real interest rate real product wage real wage equation regressions in Tables sample of countries Standard error Taken from national Trade Unions trend unemployment rate United Kingdom w-Pv w-py wholesale price index wi-pi workers world prices world trade