THE ESTIMATION OF THE RELATIONSHIP BETWEEN WAGES ANDUNEMPLOYMENT IN THE EUROPEAN UNION
The negative relation between wages and unemployment is not doubtable. Thebargaining model and effective wages model explainthis relationship from thetheoretical point of view. While analyzing the relation between unemploymentand the rate of change of wages, authors refer...
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| Format: | Article |
| Language: | English |
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Social Sciences Research Society
2011-07-01
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| Series: | International Journal of Social Sciences and Humanity Studies |
| Online Access: | http://www.sobiad.org/ejournals/journal_IJSS/arhieves/2011_2/janina_seputiene.pdf |