J3 - Wages, Compensation, and Labor Costs - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T15:47:34+00:00Does Micro Evidence Support the Wage Phillips Curve in Canada?
https://www.bankofcanada.ca/2002/02/working-paper-2002-4/
The existing macroeconometric evidence lends support to the wage Phillips curve by showing a negative relation between the rate of change in wages and the unemployment rate, conditional on lagged price inflation. Most theoretical models of wage setting, however, generate a "wage curve," described by a negative relation between the level of the real wage and unemployment.2002-02-01T17:31:51+00:00enDoes Micro Evidence Support the Wage Phillips Curve in Canada?2002-02-01Inflation and pricesWorking Paper 2002-4 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp02-4.pdfDoes Micro Evidence Support the Wage Phillips Curve in Canada?Jean FarèsJanuary 2002JJ3J31