wage curve


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wage curve

[′wāj ‚kərv]
(industrial engineering)
A graphic representation of the relationship between wage rates and point values for key jobs.
References in periodicals archive ?
It suggests that the wage curve, written in underemployment and wage growth space, is flat everywhere from an underemployment rate of 5 per cent and higher.
Samuelson and Solow do not draw a wage curve in the manner of Phillips, but they take one as implicit, summarising the distinct behaviours of the different data groups as '[t]he apparent shift of our Phillips curve' (189).
The wage curve shows the empirical relationship between the unemployment rate and the wage level, which together with job demand enables determination of the involuntary unemployment level (9).
2005), 'The Wage Curve Reloaded', IZA Discussion Paper, 1665
Blien, Uwe y Katja Wolf (2008), "New Evidence on the Dynamic Wage Curve for Western Germany: 1980-2004", Institute for the Study of Labor (iza), documento de debate 3433, abril.
His book The Wage Curve with Andrew Oswald won Princeton University's Richard A.
General Social Survey (GSS) data (1974-1988), they estimated the industry wage curve (wage as a function of the unemployment rate in industries) and the regional wage curve (wage as a function of the regional unemployment rate).
Meta-regression analysis (MRA), as explained here, helps readers to distinguish publication selection from genuine empirical effects, and these ten essays applies these methods to topical areas such as the effect of common currencies on international trade, economic freedom and economic growth, the convergence of the legendary two percent, the wage curve, the effects immigration on wages, the international gender wage gap and the income elasticity of money demand.
Finally, this paper provides prima facie evidence of the existence of a wage curve effect in Belarus.
The wage curve shows an empirical inverse relation between unemployment and wage levels.
In its own annual report, Rengo says it will strive to ''maintain and improve the wage curve.