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Determinants of Negotiated Wage Increases: An Empirical Analysis

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  • Sparks, Gordon R
  • Wilton, David A

Abstract

During 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 Info

Article provided by Econometric Society in its journal Econometrica.

Volume (Year): 39 (1971)
Issue (Month): 5 (September)
Pages: 739-50

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Handle: RePEc:ecm:emetrp:v:39:y:1971:i:5:p:739-50

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  1. de Menil, George, 1969. "Nonlinearity in a Wage Equation for United States Manufacturing," The Review of Economics and Statistics, MIT Press, vol. 51(2), pages 202-06, May.
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Cited by:
  1. 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.
  2. Louis N. Christofides & Amy Peng, 2007. "Real Wage Chronologies," Working Papers 0707, University of Guelph, Department of Economics and Finance.
  3. Amy Peng & Louis N. Christofides, 2009. "Real Wage Chronology," Working Papers 011, Ryerson University, Department of Economics.
  4. 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.
  5. Blanchflower, David G & Oswald, Andrew J & Sanfey, Peter, 1996. "Wages, Profits, and Rent-Sharing," The Quarterly Journal of Economics, MIT Press, vol. 111(1), pages 227-51, February.
  6. F. J. Reid, 1976. "Canadian Wage and Price Controls," Canadian Public Policy, University of Toronto Press, vol. 2(1), pages 103-112, Winter.
  7. 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.

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