Estimation of a regional wage curve and policy implications

Based on all the metropolitan statistical areas in the state of Texas during 2002-2004, this study finds that the real wage rate and the unemployment rate have a significant negative relationship. However, the value of R2 is relatively low. Policy implications are that the efficiency wage model may be used to explain the outcome and that there are other factors explaining the behaviour of wages.

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Year of publication:	2009
Authors:	Hsing, Yu
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 16.2009, 4, p. 417-419
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005471622