Title

Wage Flexibility and Unemployment Dynamics in Regional Labor Markets

Year

1992

Abstract

Hyclak and Johnes explore the extent to which wage rigidity differs across regional labor markets in the U.S. and how it affects the unemployment response to shifts in regional aggregate demand. They also look at the determinants of differences in wage rigidity across regional labor markets.

Contents

  1. Introduction
  2. Regional Wage Inflation and Unemployment
  3. Inter-Regional Differences in Wage Flexibility
  4. Conclusion

ISBN

9780880991209 (pbk.)

Subject Areas

EMPLOYMENT and COMPENSATION; Wages and benefits; REGIONAL ISSUES