Showing 1 - 10 of 52,955
Canada: a simple autoregressive model and a reduced-form Phillips-curve model. Our findings concerning the link between …
Persistent link: https://www.econbiz.de/10014063976
Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with centralized bargaining? For the case of Austria, a...
Persistent link: https://www.econbiz.de/10001545528
; strategic substitutability ; wage contracts ; contract duration …
Persistent link: https://www.econbiz.de/10003982016
; strategic substitutability ; wage contracts ; contract duration …
Persistent link: https://www.econbiz.de/10003983623
This paper provides a model that can account for the almost uniform staggering of wage contracts in some countries as well as for the markedly nonuniform staggering in others. In the model, short and long contracts as well as long contracts concluded in different periods are strategic...
Persistent link: https://www.econbiz.de/10010269942
This paper provides a model that can account for the almost uniform staggering of wage contracts in some countries as well as for the markedly nonuniform staggering in others. In the model, short and long contracts as well as long contracts concluded in different periods are strategic...
Persistent link: https://www.econbiz.de/10010270522
employees in the U.S. and Canada feel that layoffs are fair. Layoffs were perceived as more fair if they were due to lower …. Respondents in Silicon Valley were not more accepting of layoffs than were those in Canada on average, although the justifications …
Persistent link: https://www.econbiz.de/10014193825
In this paper, we re-examine the Phillips curve for Canada from June 1976 to October 2022 in a time-varying manner. Our …
Persistent link: https://www.econbiz.de/10014481227
alternative derivation for a measure of time-varying disaster risk suggested by Wachter (2013), implying that both the disaster … and the long-run risk paradigm can be extended towards explaining movements in the stock-bond correlation. …
Persistent link: https://www.econbiz.de/10012797771
This paper shows that Livingston Survey measures of unemployment uncertainty are positively correlated with inflation, that inflation Granger Causes unemployment uncertainty and that shocks to inflation uncertainty or unemployment uncertainty have similar effects on real GDP growth. This...
Persistent link: https://www.econbiz.de/10014177993