Wage Rigidity in Canadian Collective Bargaining Agreements

We examine wage-change distributions in Canadian union contracts for evidence of downward nominal wage rigidity. Its probability increases substantially during low-inflation periods. During such periods, we discern no reduction in the incidence of real wage cuts. However, their magnitude is modest, suggesting that the labour market may not function as smoothly

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Year of publication:	2003
Authors:	Christofides, Louis N. ; Stengos, Thanasis
Publisher:	[S.l.] : SSRN
Subject:	Kanada \| Canada \| Tarifverhandlungen \| Collective bargaining \| Lohnrigidität \| Wage rigidity \| Tarifvertrag \| Collective agreement
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Industrial and Labor Relations Review, Vol. 56, No. 3, April 2003 Volltext nicht verfügbar
Classification:	E31 - Price Level; Inflation; Deflation ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014085742