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Wage Bargains, Threshold Effects, and the Phillips Curve

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  • Daniel S. Hamermesh

Abstract

I. The need for a study based on wage contracts, 601. — II. Hypotheses on structural differences, 503. — III. Data and methodology, 505. — IV. Estimates of the wage equations, 510. — V. Negotiated wage increases and the guideposts, 513. — VI. Conclusions, 516. — Appendix: calculation of the wage changes series for General Motors, 517.

Suggested Citation

  • Daniel S. Hamermesh, 1970. "Wage Bargains, Threshold Effects, and the Phillips Curve," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 501-517.
    • Handle: RePEc:oup:qjecon:v:84:y:1970:i:3:p:501-517.
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    Citations

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    Cited by:

    1. John H. Pencavel, 1981. "The Effects of Incomes Policies on the Frequency and Size of Wage Changes," NBER Working Papers 0778, National Bureau of Economic Research, Inc.
    2. Muhammad Umar Boodoo, 2020. "The Influence of Unions on CSR: Is There a Trade‐Off Between Employee‐Oriented and Non–Employee‐Oriented Policies?," British Journal of Industrial Relations, London School of Economics, vol. 58(4), pages 816-843, December.
    3. Amy Peng & Louis N. Christofides, 2009. "Real Wage Chronology," Working Papers 011, Ryerson University, Department of Economics.
    4. repec:eee:labchp:v:2:y:1986:i:c:p:1039-1089 is not listed on IDEAS
    5. Chen, Lin-An, 1996. "Bivariate regression splines," Computational Statistics & Data Analysis, Elsevier, vol. 21(4), pages 399-418, April.
    6. Uctum, Remzi, 2007. "Économétrie des modèles à changement de régimes : un essai de synthèse," L'Actualité Economique, Société Canadienne de Science Economique, vol. 83(4), pages 447-482, décembre.
    7. Daniel S. Hamermesh, 1983. "Inflation and Labor-Market Adjustment," NBER Working Papers 1153, National Bureau of Economic Research, Inc.
    8. Cheng, Chi-Bin & Lee, E. Stanley, 2001. "Switching regression analysis by fuzzy adaptive network," European Journal of Operational Research, Elsevier, vol. 128(3), pages 647-663, February.
    9. Henry S. Farber, 1984. "The Analysis of Union Behavior," NBER Working Papers 1502, National Bureau of Economic Research, Inc.
    10. F. J. Reid, 1976. "Canadian Wage and Price Controls," Canadian Public Policy, University of Toronto Press, vol. 2(1), pages 103-112, Winter.

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