Autor: |
BURYA, ANASTASIA, MANO, RUI, TIMMER, YANNICK, WEBER, ANKE |
Zdroj: |
AEA Papers & Proceedings; May2023, Vol. 113, p110-113, 4p |
Abstrakt: |
The article focuses on the relationship between labor market power and the wage Phillips curve, with a particular emphasis on the role of labor market power in shaping macroeconomic outcomes. It uses a dataset of online vacancy postings in the U.S. to examine the impact of labor market power on the trade-off between unemployment and wages, finding that regions with high labor market power have a weak relationship between unemployment and wage inflation. |
Databáze: |
Complementary Index |
Externí odkaz: |
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