Determinants of Negotiated Wage Increases: An Empirical Analysis
AbstractDuring the past decade, a considerable amount of econometric research has been devoted to the explanation of movements in wages. Most empirical studies have used a basic disequilibrium model, first suggested by Philips, in which the change in money wage rates is related to the level of unemployment. Statistical problems are briefly discussed in section 1 of the paper, and the main implications of our study for the aggregate Phillips Curve are given in Section 3.
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Bibliographic InfoArticle provided by Econometric Society in its journal Econometrica.
Volume (Year): 39 (1971)
Issue (Month): 5 (September)
Other versions of this item:
- Gordon R. Sparks & David A.Wilton, 1970. "Determinants of Negotiated Wage Increases: An Empirical Analysis," Working Papers 19, Queen's University, Department of Economics.
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- Lacroix, Robert & Dussault, François, 1979. "La grève : ses facteurs déterminants et son effet sur les hausses de salaire. Une synthèse critique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 55(4), pages 545-567, octobre.
- Amy Peng & Louis N. Christofides, 2009. "Real Wage Chronology," Working Papers 011, Ryerson University, Department of Economics.
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The Quarterly Journal of Economics,
MIT Press, vol. 111(1), pages 227-51, February.
- J.C.R. Rowley & D.A. Wilton, 1971. "Quarterly Models of Wage Determination: Some New Efficient Estimates," Working Papers 51, Queen's University, Department of Economics.
- F. J. Reid, 1976. "Canadian Wage and Price Controls," Canadian Public Policy, University of Toronto Press, vol. 2(1), pages 103-112, Winter.
- Louis Christofides & Amy Chen Peng, 2007.
"Real Wage Chronologies,"
CESifo Working Paper Series
2096, CESifo Group Munich.
- Frank Reid, 1980. "Unemployment and Inflation: An Assessment of Canadian Macroeconomic Policy," Canadian Public Policy, University of Toronto Press, vol. 6(2), pages 283-299, Spring.
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