Excess Demand, Unemployment, Vacancies, and Wages
- 1 February 1970
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 84 (1) , 1-23
- https://doi.org/10.2307/1879397
Abstract
I. A neoclassical macro theory for money wage changes, 2. — II. Neoclassical wage theory with spontaneous wage change and additional wage determinants, 3 — III. Vacancies and unemployment and excess demand, 5. — IV. The derivation of the Phillips relation, 8. — V. The form of the Phillips relation, 11. — VI. The cyclical characteristics of unemployment and vacancies, 17. — VII. Vacancies, unemployment, and equilibrium, 21.Keywords
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