unemployment and low wages

Doug Henwood dhenwood at panix.com
Tue May 4 10:39:56 PDT 1999


Marta Russell wrote:


>Prevailing economic theory holds that low wages are correlated with low
>unemployment; and high wages with high unemployment. I am making the
>case that unemployment depresses wages. (David Blanchflower and Andrew
>Oswald, The Wage Curve). Is there any other evidence or economists who
>I can cite to support the Blanchflower side??????

Check out Heather Boushey's racial angle on this at <http://www.panix.com/~dhenwood/Race_curve.html>.

Doug



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