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Countercyclical or procyclical real wages? A disaggregate explanation of aggregate asymmetry

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  • Magda Kandil

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Suggested Citation

  • Magda Kandil, 2005. "Countercyclical or procyclical real wages? A disaggregate explanation of aggregate asymmetry," Empirical Economics, Springer, vol. 30(3), pages 619-642, October.
  • Handle: RePEc:spr:empeco:v:30:y:2005:i:3:p:619-642 DOI: 10.1007/s00181-005-0253-9
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    References listed on IDEAS

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    1. Lariviere, Eric & Larue, Bruno & Chalfant, Jim, 2000. "Modeling the demand for alcoholic beverages and advertising specifications," Agricultural Economics, Blackwell, vol. 22(2), pages 147-162, March.
    2. Alley, Andrew G & Ferguson, Donald G & Stewart, Kenneth G, 1992. "An Almost Ideal Demand System for Alcoholic Beverages in British Columbia," Empirical Economics, Springer, vol. 17(3), pages 401-418.
    3. Blundell, Richard, 1988. "Consumer Behaviour: Theory and Empirical Evidence--a Survey," Economic Journal, Royal Economic Society, vol. 98(389), pages 16-65, March.
    4. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Publishing House "SINERGIA PRESS", pages 112-134.
    5. R. Carew & W. J. Florkowski & S. He, 2004. "Demand for Domestic and Imported Table Wine in British Columbia: A Source-differentiated Almost Ideal Demand System Approach," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 52(2), pages 183-199, July.
    6. S. Selvanathan & E.A. Selvanathan, 2005. "Empirical Regularities in Cross-Country Alcohol Consumption," The Economic Record, The Economic Society of Australia, vol. 81(s1), pages 128-142, August.
    7. Lariviere, Eric & Larue, Bruno & Chalfant, Jim, 2000. "Modeling the demand for alcoholic beverages and advertising specifications," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 22(2), March.
    8. Donald Freeman, 2001. "Beer and the business cycle," Applied Economics Letters, Taylor & Francis Journals, vol. 8(1), pages 51-54.
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    Cited by:

    1. Thomas Cornelißen & Olaf Hübler, 2008. "Downward wage rigidity and job mobility," Empirical Economics, Springer, vol. 34(2), pages 205-230, March.

    More about this item

    Keywords

    Asymmetry; sticky-wage; sticky-price; cyclical real wage; E32; E31; E24;

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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