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Acronyms that contain the term wage curve
What does wage curve mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: wage curve.
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What does wage curve mean?
- Wage curve
- The wage curve is the negative relationship between the levels of unemployment and wages that arises when these variables are expressed in local terms. According to David Blanchflower and Andrew Oswald (1994, p. 5), the wage curve summarizes the fact that "A worker who is employed in an area of high unemployment earns less than an identical individual who works in a region with low joblessness."
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"wage curve." Abbreviations.com. STANDS4 LLC, 2024. Web. 11 Jun 2024. <https://www.abbreviations.com/wage%20curve>.
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