English, Article, Journal or magazine article edition: Real wages over the business cycle: OECD evidence from the time and frequency domains. Julian Messina; Julián Messina; Chiara Strozzi; ...

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/211604
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Real wages over the business cycle: OECD evidence from the time and frequency domains.
Author
  • Julian Messina
  • Julián Messina
  • Chiara Strozzi
  • Jarkko Turunen
Physical Description
  • preprint
Notes
  • RePEc:fda:fdaddt:2009-02
  • RePEc:mod:recent:028
  • We study differences in the adjustment of aggregate real wages in the manufacturing sector over the business cycle across OECD countries, combining results from different data and dynamic methods. Summary measures of cyclicality show genuine cross-country heterogeneity even after controlling for the impact of data and methods. We find that more open economies and countries with stronger unions tend to have less pro-cyclical (or more counter-cyclical) wages. We also find a positive correlation between the cyclicality of real wages and employment, suggesting that policy complementarities may influence the adjustment of both quantities and prices in the labour market. JEL Classification: E32, J30, C10.
  • real wages, business cycle, dynamic correlation, labour market institutions.
  • RePEc:ecb:ecbwps:200901003
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment