Sanroma, Esteban; Ramos, Raul - In: Australian Journal of Labour Economics (AJLE) 8 (2005) 3, pp. 227-243
workers - have a higher elasticity of wages to local unemployment. These results indicate a greater facility of firms in these … (industry sector, gender, age, schooling, and occupation). The results show a wage curve for all employees with an elasticity of … segments to set wages as a function of the unemployment rate and they are supportive of efficiency wage theoretical models. …