The Canadian real wage Phillips curve: A sectoral shift interpretation

Atkins, F, Bruce, C and King, I (1993) The Canadian real wage Phillips curve: A sectoral shift interpretation. Applied Economics, 25 10: 1323-1327. doi:10.1080/00036849300000100


Author Atkins, F
Bruce, C
King, I
Title The Canadian real wage Phillips curve: A sectoral shift interpretation
Journal name Applied Economics   Check publisher's open access policy
ISSN 1466-4283
Publication date 1993
Sub-type Article (original research)
DOI 10.1080/00036849300000100
Volume 25
Issue 10
Start page 1323
End page 1327
Total pages 5
Language eng
Subject 2002 Cultural Studies
Abstract Post World War Two data in Canada is found to be consistent with the hypothesis that nominal wages, prices, and real wages are integrated of order two, while the unemployment rate is integrated of order one. When considering bivariate statistical relationships, it is found that solid evidence for co-integration exists only between the rate of change of real wages and the level of the unemployment rate. That is, the data are consistent with a ‘real’ Phillips curve interpretation. It is argued that this finding can be explained by the ‘sectoral reallocation’ view of unemployment.
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collection: Scopus Import
 
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Created: Thu, 24 Mar 2016, 12:04:06 EST by Karen Warren