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Has Globalization Changed the Phillips Curve? : Industry-Level Evidence on the Effect of the Unemployment Gap on Wages, Paperback / softback Book

Has Globalization Changed the Phillips Curve? : Industry-Level Evidence on the Effect of the Unemployment Gap on Wages Paperback / softback

Paperback / softback

Available to Order - This title is available to order, with delivery expected within 2 weeks

Description

The author estimates industry-specific Phillips curves for Denmark to test whether the finding of a weaker link between wages and the unemployment gap is due to changes within industries or should instead be ascribed to changes in the relative sizes of industries.

He finds that industries with an easier access to international outsourcing show weaker wage responses to the unemployment gap, whereas access to import of foreign final goods and foreign labour seem to have no effect on the slope of the Phillips curve.

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£9.00

Available to Order - This title is available to order, with delivery expected within 2 weeks
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