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Wage Flexibility and Unemployment Dynamics in Regional Labor Markets
Thomas Hyclak, Lehigh UniversityGeraint Johnes, Lancaster University
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.
"This is an interesting and useful study, of significance to European as well as American labour-market researchers." Environment and Planning A
116 pp. 1992
$12 paper ISBN 0-88099-120-8 / ISBN-13 978-0-88099-120-9.
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