The Returns to Labor and the Cyclical Behavior of Real Wages: The Canadian Case

Matthew B. Canzoneri

doi:10.2307/1924328

The Returns to Labor and the Cyclical Behavior of Real Wages: The Canadian Case

Review of Economics and Statistics ◽

10.2307/1924328 ◽

1978 ◽

Vol 60 (1) ◽

pp. 19 ◽

Cited By ~ 8

Author(s):

Matthew B. Canzoneri

Keyword(s):

Real Wages ◽

Cyclical Behavior

Efficiency Wages, Nominal Rigidities, and the Cyclical Behavior of Real Wages and Marginal Cost

SSRN Electronic Journal ◽

10.2139/ssrn.35174 ◽

1997 ◽

Cited By ~ 1

Author(s):

Michael T. Kiley

Keyword(s):

Marginal Cost ◽

Efficiency Wages ◽

Nominal Rigidities ◽

Real Wages ◽

Cyclical Behavior

Why Does the Cyclical Behavior of Real Wages Change Over Time?

The American Economic Review ◽

10.1257/0002828042002552 ◽

2004 ◽

Vol 94 (4) ◽

pp. 836-856 ◽

Cited By ~ 59

Author(s):

Kevin X. D Huang ◽

Zheng Liu ◽

Louis Phaneuf

Keyword(s):

Interwar Period ◽

Nominal Wage ◽

Cycle Model ◽

Real Wages ◽

Output Structure ◽

Price Rigidities ◽

Wage Cyclicality ◽

Cyclical Behavior ◽

Business Cycle Model ◽

Over Time

The cyclical behavior of real wages has evolved from mildly countercyclical during the interwar period to modestly procyclical in the postwar era. This paper presents a general-equilibrium business-cycle model that helps explain the evolution. In the model, changes in the real wage cyclicality arise from interactions between nominal wage and price rigidities and an evolving input-output structure.

Efficiency wages, nominal rigidities and the cyclical behavior of real wages and marginal cost

Economics Letters ◽

10.1016/s0165-1765(97)81903-9 ◽

1997 ◽

Vol 56 (2) ◽

pp. 215-221 ◽

Cited By ~ 8

Author(s):

Michael T Kiley

Keyword(s):

Marginal Cost ◽

Efficiency Wages ◽

Nominal Rigidities ◽

Real Wages ◽

Cyclical Behavior

Overhead Labor and The Cyclical Behavior of Productivity and Real Wages

Journal of Post Keynesian Economics ◽

10.1080/01603477.1981.11489286 ◽

1981 ◽

Vol 4 (2) ◽

pp. 277-290 ◽

Cited By ~ 7

Author(s):

Robert M. Costrell

Keyword(s):

Real Wages ◽

Cyclical Behavior

The cyclical behavior of real wages: evidence from post-war Japanese data

Japan and the World Economy ◽

10.1016/s0922-1425(97)00001-7 ◽

1998 ◽

Vol 10 (1) ◽

pp. 85-90

Author(s):

I.A. Moosa

Keyword(s):

Real Wages ◽

Cyclical Behavior ◽

Post War

Why Does the Cyclical Behavior of Real Wages Change Over Time?

SSRN Electronic Journal ◽

10.2139/ssrn.386905 ◽

2003 ◽

Author(s):

Kevin X.D. Huang ◽

Zheng Liu ◽

Louis Phaneuf

Keyword(s):

Real Wages ◽

Change Over Time ◽

Cyclical Behavior ◽

Over Time

Wage-Price Flexibility, Market Power, and the Cyclical Behavior of Real Wages, 1959-1980

The Quarterly Journal of Economics ◽

10.2307/2118395 ◽

1992 ◽

Vol 107 (4) ◽

pp. 1437-1449 ◽

Cited By ~ 6

Author(s):

D. M. Garman ◽

D. J. Richards

Keyword(s):

Market Power ◽

Real Wages ◽

Price Flexibility ◽

Cyclical Behavior

Efficiency Wages, Nominal Rigidities, and the Cyclical Behavior of Real Wages and Marginal Cost

Finance and Economics Discussion Series ◽

10.17016/feds.1997.24 ◽

1997 ◽

Vol 1997 (24) ◽

pp. 1-10

Author(s):

Michael T. Kiley ◽

Keyword(s):

Marginal Cost ◽

Efficiency Wages ◽

Nominal Rigidities ◽

Real Wages ◽

Cyclical Behavior

Cyclical behavior of real wages in Japan

Economics Letters ◽

10.1016/j.econlet.2015.03.002 ◽

2015 ◽

Vol 130 ◽

pp. 56-59

Author(s):

Hiroaki Miyamoto

Keyword(s):

Real Wages ◽

Cyclical Behavior

Work shifts and the cyclical behavior of productivity and real wages

Journal of Macroeconomics ◽

10.1016/0164-0704(86)90066-2 ◽

1986 ◽

Vol 8 (3) ◽

pp. 355-363

Author(s):

Raford Boddy ◽

Rami Alwan

Keyword(s):

Real Wages ◽

Work Shifts ◽

Cyclical Behavior