%0 Report
        %A Blanchflower, David G.
%A Oswald, Andrew J.
        %T The Wage Curve: An Entry Written for the New Palgrave, 2nd Edition
        %D 2006
        %8 2006 May
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 2138
        %U https://www.iza.org/publications/dp2138
        %X This paper summarizes evidence for the existence of a wage curve – a downward-sloping relationship between the level of pay and the local unemployment rate – in modern micro data. At the time of writing, the curve has been found in 40 nations. Its elasticity is approximately -0.1.
        %K wage determination
%K unemployment
%K wage curve
%K Phillips curve