Employment effects of nominal-wage rigidity : an examination using wage-settlements data / by Umar Ahmed Faruqui. : FB3-2/100-14E-PDF
This paper focuses on the employment effect of DNWR (downward nominal-wage rigidity). It reviews the evidence presented by Simpson, Cameron, and Hum (1998), in light of a potential bias problem associated with their reduced-form model.We describe modifications to their employment model that aim to better isolate the effects of DNWR on employment growth.--Abstract
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Department/Agency | Bank of Canada. |
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Title | Employment effects of nominal-wage rigidity : an examination using wage-settlements data / by Umar Ahmed Faruqui. |
Series title | Bank of Canada working paper1701-93972000-14 |
Publication type | Series - View Master Record |
Language | [English] |
Format | Electronic |
Electronic document | |
Other formats | Paper-[English] |
Note(s) | "This paper focuses on the employment effect of DNWR (downward nominal-wage rigidity). It reviews the evidence presented by Simpson, Cameron, and Hum (1998), in light of a potential bias problem associated with their reduced-form model.We describe modifications to their employment model that aim to better isolate the effects of DNWR on employment growth."--Abstract. The ISBN (0-662-29134-4) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication. Résumé en français. |
Publishing information | Ottawa - Ontario : Bank of Canada July 2000. |
Description | 30p.references, tables |
ISSN | 1701-9397 |
Catalogue number |
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Subject terms | Inflation Salaries Employment |
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