The Long-Run Determinants of UK Wages, 1860-2004.
As it is almost 50 years since Phillips (1958), we analyze an historical series on UK wages and their determinants. Huge changes have occurred over this long run, so congruence is hard to establish: real wages have risen more than 6 fold, and nominal 500 times; laws, technology, wealth distribution,...
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| Médium: | Journal article |
| Jazyk: | English |
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Elsevier
2009
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