The responsiveness of industry wages to low-frequency shocks in Canada
The first objective of this paper is to examine the empirical relationship between low-frequency shocks to labour demand and average wages on an industrial basis using a Canadian longitudinal data set. We estimate a fixed-effects model that controls for workers' unobservable attributes. The second major objective is to extend the existing industry-based literature by estimating a specification allowing for a comparison between the degree of wage responsiveness of within-firm stayers and between-firm movers. The findings indicate that average wages by industry tend to respond positively to low frequency changes in employment, and that there is some degree of wage flexibility within firm-worker matches.
Volume (Year): 43 (2010)
Issue (Month): 4 (November)
|Contact details of provider:|| Postal: |
Web page: http://economics.ca/cje/
More information through EDIRC
|Order Information:|| Web: http://economics.ca/en/membership.php Email: |
When requesting a correction, please mention this item's handle: RePEc:cje:issued:v:43:y:2010:i:4:p:1221-1242. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Werner Antweiler)
If references are entirely missing, you can add them using this form.