Research Article

Phillips and Wage Curves: Empirical Evidence from Bosnia and Herzegovina

Table 1

Regression results for the wage curve.

ā€‰Phillips curve BiH

Constant (-statistics)5.58* (63.75)
ln(unemployment rate) (-statistics)0.95* (9.21)
2 (%)63.37
-statistics84.76
Number of observations51

Significant at 1% critical value.