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- W1992029186 abstract "The present paper examines the long-run behaviour of two types of wage models for the UK over the preiod 1996:1–1989:2 These models, differing in their theoretical construction,are estimated and explored using various tests for cointegration.The Hall(1986,1989) model is based on Saragan's(1964) wage specification, while the Arestis and Skott (1993) and Arestis and Biefang-Frisancho Mariscal (1993) model is concerned with distributional and wage efficeincy theortical effects. Both models exhibit at least one economically sensible long-run relationship for wage determination with significant and correctly signed parameters and show expected proportionality between wages and productivity. Further, the Arestis and Skott(1993) model shows the effects of effciency wage elements on effort." @default.
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- W1992029186 date "1994-04-01" @default.
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- W1992029186 title "Wage determiniation in the UK: further empirical results using conintegraion" @default.
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- W1992029186 doi "https://doi.org/10.1080/00036849400000088" @default.
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