An explorative empirical analysis of the influence of labour flows on wage formation

L. Broersma, F.A.G. den Butter

OnderzoeksoutputAcademicpeer review

8 Citaten (Scopus)

Samenvatting

This study presents an explorative econometric analysis of the influence of labour market flows on wage formation. It applies the vector cointegration and common trends methodology of Johansen (Likelihood-based Inference in Cointegrated Vector Autoregresssive Models, OUP, Oxford, 1995). According to this approach, a combination of the flow of layoffs (flow from employment to unemployment) and the flow of filled vacancies (successful matches) appears to be an adequate alternative to the unemployment rate as indicator of labour market tightness in the wage equation for The Netherlands.

Originele taal-2English
Pagina's (van-tot)1583-1592
Aantal pagina's10
TijdschriftApplied Economics
Volume34
Nummer van het tijdschrift13
DOI's
StatusPublished - sep-2002

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