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Browsing ECO Working Papers by Subject "Wage Rigidity"
Now showing items 1-1 of 1
Title:Market vs. Institutions: The Trade-off Between Unemployment and Wage Inequality Revisited
Author(s):BICAKOVA, AlenaDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The trade-off hypothesis suggests that high wage inequality in the US and the UK and
high unemployment in countries of continental Europe are consequences of the same
negative change in the demand for the low skilled ...