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Applied Economics Letters Volume 1, 1994 - Issue 9
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Original Articles

Hysteresis in the earnings function: an analysis by occupation

Simon Parker
&
Timothy Dewhurst
Pages 158-160 | Published online: 05 Oct 2010
 
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Abstract

The theory of hysteresis in the earnings function is tested by investigating its existence across a variety of occupations. Hysteresis signals are detected for professionals and executives, but not for manual construction workers or for the self-employed, so lending support to the theory.

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