An empirical note on one aspect of labour market hysteresis

Layton A.P. (1991) An empirical note on one aspect of labour market hysteresis. Economic Analysis and Policy, 21 2: 203-209. doi:10.1016/S0313-5926(91)50019-9

Author Layton A.P.
Title An empirical note on one aspect of labour market hysteresis
Journal name Economic Analysis and Policy   Check publisher's open access policy
ISSN 0313-5926
Publication date 1991-01-01
Sub-type Article (original research)
DOI 10.1016/S0313-5926(91)50019-9
Open Access Status
Volume 21
Issue 2
Start page 203
End page 209
Total pages 7
Publisher Elsevier
Language eng
Subject 2002 Cultural Studies
Abstract One of the principal rationales for unemployment hysteresis focuses on the characterization of the labour market as consisting of insiders who possess wage negotiating power and outsiders who do not. A measure of bargaining power of insiders is overtime and this variable was found to be a significant determinant of wage inflation by Simes and Richardson (1987). Whereas their analysis dealt with aggregate national wage and overtime data the current paper investigates the possibility that relative overtime worked at the industry level may be a significant determinant of differential interindustry wages growth.
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collection: Scopus Import - Archived
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Created: Tue, 12 Jul 2016, 13:04:10 EST by System User