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The symmetry of the wage-change distribution: Survey and contract data

Author

Listed:
  • Thanasis Stengos

    (Department of Economics, University of Guelph, Guelph, Ontario, Canada, N1G 2W1)

  • Louis N. Christofides

    (University of Cyprus and University of Guelph Department of Economics, University of Cyprus, Kallipoleos 75, P. O. Box 20537, 1678 Nicosia, CYPRUS)

Abstract

Using a new non-parametric symmetry test we examine Canadian contract and survey data for evidence of nominal wage rigidities. We compare results from the two data sets with the view to examining the accuracy of survey data and consider whether the private/public and union/non-union sector distinctions are useful.

Suggested Citation

  • Thanasis Stengos & Louis N. Christofides, 2002. "The symmetry of the wage-change distribution: Survey and contract data," Empirical Economics, Springer, vol. 27(4), pages 705-723.
    • Handle: RePEc:spr:empeco:v:27:y:2002:i:4:p:705-723
    Note: received: July 2000/Final version received: June 2001
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    Citations

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    Cited by:

    1. Christoph Knoppik & Thomas Beissinger, 2003. "How Rigid are Nominal Wages? Evidence and Implications for Germany," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(4), pages 619-641, December.
    2. Thomas Beissinger & Chritoph Knoppik, 2005. "Sind Nominallöhne starr? Neuere Evidenz und wirtschaftspolitische Implikationen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 6(2), pages 171-188, May.
    3. Thomas Cornelißen & Olaf Hübler, 2008. "Downward wage rigidity and job mobility," Empirical Economics, Springer, vol. 34(2), pages 205-230, March.
    4. Henderson, Daniel J. & Parmeter, Christopher F., 2015. "A consistent bootstrap procedure for nonparametric symmetry tests," Economics Letters, Elsevier, vol. 131(C), pages 78-82.
    5. Thomas Beissinger & Christoph Knoppik, 2001. "Downward Nominal Rigidity in West German Earnings, 1975–95," German Economic Review, Verein für Socialpolitik, vol. 2(4), pages 385-417, November.
    6. Louis N. Christofides & Man Tuen Leung, 2002. "Nominal Wage Rigidity in Contract Data: A Parametric Approach," University of Cyprus Working Papers in Economics 0210, University of Cyprus Department of Economics.

    More about this item

    Keywords

    Symmetry · Wage-Change Distribution · Nonparametrics.;

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance

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