The long-run determinants of UK wages, 1860–2004
As it is almost 50 years since the Phillips curve, we analyze an historical series on UK wages and their determinants [see Phillips, A.W.H., 1958. The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1861–1957. Economica, 25, 283–299]. Huge changes have...
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Format: | Journal article |
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Elsevier
2009
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