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Quarterly Journal of Economics Vol. 84 No. 1 1970

Excess Demand, Unemployment, Vacancies, and Wages

Bent Hansen

University of California, Berkeley

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.

DOI
10.2307/1879397
Volume
84
Issue
1
Pages
1
Sources
openalex crossref

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