Employment effects of nominal wage rigidity : an examination using wage-settlements data / by Umar Ahmed Faruqui. : FB3-2/100-14E
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. |
|---|---|
| Title | Employment effects of nominal wage rigidity : an examination using wage-settlements data / by Umar Ahmed Faruqui. |
| Series title | Working paper1192-54342000-14 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Paper |
| Other formats | Electronic-[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. Résumé en français |
| Publishing information | Ottawa - Ontario : Bank of Canada 2000. |
| Binding | Softcover |
| Description | v, 22p. : figs., references, tables ; 28 cm. |
| ISBN | 0-662-29134-4 |
| ISSN | 1192-5434 |
| Catalogue number |
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| Subject terms | Inflation Salaries Employment |
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