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stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …
Persistent link: https://www.econbiz.de/10013428419
We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is applied to data from the Polish Labour Force Survey for the period 1994 to 1998. We estimate ceteris paribus changes in relative wage and unemployment differentials for various...
Persistent link: https://www.econbiz.de/10013428349