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- W2012164526 abstract "This paper shows that wage-unemployment elasticities derived from estimated wage curves and Phillips curves may be critically dependent on the measurement of wages. Incorporating hourly wage earnings that include the influence of overtime payments can lead to seriously distorted results. Meaningful elasticities are obtained only if hourly standard wages form the basis of analysis. Work is based on a unique data set describing two homogeneous blue-collar occupational groups - skilled fitters and unskilled labourers - the British engineering industry. Each group is also divided into timeworkers and piece-rate workers. Data are aggregated into a panel of 28 local labour markets and cover the highly contrasting periods 1928-38 and 1954-66." @default.
- W2012164526 created "2016-06-24" @default.
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- W2012164526 date "2003-09-20" @default.
- W2012164526 modified "2023-09-24" @default.
- W2012164526 title "Overtime Working, the Phillips Curve and the Wage Curve: British Engineering, 1926-66" @default.
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