On the Measurement of Relative Demand Shifts for Educated Labour

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Abstract

This note demonstrates that the methodology first suggested by Katz and Murphy [Q. J. Econ. 107 (1992) 35] to measuring relative demand shifts is valid also in more complex collective wage bargaining models, provided that relative wages are determined as constant mark-ups over relative marginal products.
Original languageEnglish
JournalEconomics Letters
Volume83
Issue number2
Pages (from-to)245-249
ISSN0165-1765
DOIs
Publication statusPublished - 2004

Keywords

  • Relative demand shifts
  • Wage bargaining
  • Education

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