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Testing hysteresis in a phillips-type aggregate wage equation: the case of Greece (1960-1999)
Journal of Economics and Business - SPOUDAI
View Archive Info| Field | Value | |
| Title |
Testing hysteresis in a phillips-type aggregate wage equation: the case of Greece (1960-1999)
Testing hysteresis in a phillips-type aggregate wage equation: the case of Greece (1960-1999) |
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| Creator |
Παναγόπουλος, Γιάννης
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| Subject |
Αγορά εργασίας; Ελλάδα
Labour market; Greece |
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| Description |
The main aim of this paper is the examination of the existence of the hysteresis effect in the Greek labour market, for a prolonged period of time (1960-1999). Therefore, alternative specifications of the hysteresis effect have been implemented into a Phillips -type aggregate wage equation of the Greek economy. The results favour the assumption that, at least for the examined specifications, hysteresis finds no statistical support. However, outside the strict aggregate wage equation framework there is some evidence of hysteresis.
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| Publisher |
University of Piraeus
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| Date |
2000-07-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://spoudai.unipi.gr/index.php/spoudai/article/view/1115
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| Source |
SPOUDAI - Journal of Economics and Business; Vol 50, No 3-4 (2000); 56-72
2241-424X 1105-8919 |
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| Language |
eng
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| Relation |
http://spoudai.unipi.gr/index.php/spoudai/article/view/1115/1194
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| Rights |
Copyright (c) 2000 SPOUDAI - Journal of Economics and Business
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