An explorative analysis of the influence of labour flows on wage formation

L. Broersma; F.A.G. den Butter

doi:10.1080/00036840110116405

An explorative analysis of the influence of labour flows on wage formation

L. Broersma
, F.A.G. den Butter

Economics

Research output: Contribution to Journal › Article › Academic

Abstract

This study presents an explorative econometric analysis of the influence of labour market flows on wage formation. It applies the vector cointegration and common trends methodology of Johansen (Likelihood-based Inference in Cointegrated Vector Autoregressive Models, OUP, Oxford, 1995). According to this approach, a combination of the flow of layoffs (flow from employment to unemployment) and the flow of filled vacancies (successful matches) appears to be an adequate alternative to the unemployment rate as indicator of labour market tightness in the wage equation for The Netherlands.

Original language	English
Pages (from-to)	1583-1592
Number of pages	10
Journal	Applied Economics
Issue number	34
DOIs	https://doi.org/10.1080/00036840110116405
Publication status	Published - 2002

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Access to Document

10.1080/00036840110116405

Persistent URL (handle)

Persistent link

Cite this

@article{8d2b3317b09d484e82aa63fe7417ccf2,

title = "An explorative analysis of the influence of labour flows on wage formation",

abstract = "This study presents an explorative econometric analysis of the influence of labour market flows on wage formation. It applies the vector cointegration and common trends methodology of Johansen (Likelihood-based Inference in Cointegrated Vector Autoregressive Models, OUP, Oxford, 1995). According to this approach, a combination of the flow of layoffs (flow from employment to unemployment) and the flow of filled vacancies (successful matches) appears to be an adequate alternative to the unemployment rate as indicator of labour market tightness in the wage equation for The Netherlands.",

author = "L. Broersma and \{den Butter\}, F.A.G.",

year = "2002",

doi = "10.1080/00036840110116405",

language = "English",

pages = "1583--1592",

journal = "Applied Economics",

issn = "0003-6846",

publisher = "Taylor and Francis Ltd.",

number = "34",

}

TY - JOUR

T1 - An explorative analysis of the influence of labour flows on wage formation

AU - Broersma, L.

AU - den Butter, F.A.G.

PY - 2002

Y1 - 2002

N2 - This study presents an explorative econometric analysis of the influence of labour market flows on wage formation. It applies the vector cointegration and common trends methodology of Johansen (Likelihood-based Inference in Cointegrated Vector Autoregressive Models, OUP, Oxford, 1995). According to this approach, a combination of the flow of layoffs (flow from employment to unemployment) and the flow of filled vacancies (successful matches) appears to be an adequate alternative to the unemployment rate as indicator of labour market tightness in the wage equation for The Netherlands.

AB - This study presents an explorative econometric analysis of the influence of labour market flows on wage formation. It applies the vector cointegration and common trends methodology of Johansen (Likelihood-based Inference in Cointegrated Vector Autoregressive Models, OUP, Oxford, 1995). According to this approach, a combination of the flow of layoffs (flow from employment to unemployment) and the flow of filled vacancies (successful matches) appears to be an adequate alternative to the unemployment rate as indicator of labour market tightness in the wage equation for The Netherlands.

U2 - 10.1080/00036840110116405

DO - 10.1080/00036840110116405

M3 - Article

SN - 0003-6846

SP - 1583

EP - 1592

JO - Applied Economics

JF - Applied Economics

IS - 34

ER -

An explorative analysis of the influence of labour flows on wage formation

Abstract

UN SDGs

Access to Document

Persistent URL (handle)

Fingerprint

Cite this