scholarly journals Wage Curve vs. Phillips Curve: Are There Macroeconomic Implications?

Author(s):  
Karl Whelan
2014 ◽  
Vol 2014 ◽  
pp. 1-7
Author(s):  
Edo Omerčević ◽  
Elif Nuroğlu

This study is an empirical examination of the existence and characteristics of the Phillips curve and the wage curve in Bosnia and Herzegovina. The findings indicate that there is no evidence of the existence of the short-term Phillips curve. Instead, the data suggests that in the short-term an increase in inflation leads to an increase in unemployment. The estimated wage curves indicate that only increases in real payment increase employment. The conclusion of this study is that increases in inflation might have a negative short-term impact on the level of employment in Bosnia and Herzegovina.


1997 ◽  
Vol 44 (5) ◽  
pp. 544-565 ◽  
Author(s):  
Bruno Chiarini ◽  
Paolo Piselli

1997 ◽  
Vol 1997 (57) ◽  
pp. 1-15 ◽  
Author(s):  
John M. Roberts ◽  
Keyword(s):  

De Economist ◽  
1992 ◽  
Vol 140 (4) ◽  
pp. 501-514 ◽  
Author(s):  
J. J. Graafland
Keyword(s):  

2005 ◽  
Vol 19 (5) ◽  
pp. 735-765 ◽  
Author(s):  
Victor M. Montuenga-Gomez ◽  
Jose M. Ramos-Parreno
Keyword(s):  

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