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Downward nominal wage rigidity: Evidence from Canada 1901-1950

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dc.contributor.authorCoe, Patrick
dc.date.accessioned2022-05-18T05:32:55Z
dc.date.issued2018
dc.date.updated2020-12-27T07:32:36Z
dc.description.abstractThis paper tests for the presence of downward nominal wage rigidity in Canadian wage data for 26 occupations in 38 cities from the first half of the 20th century. The sample is of particular interest as it contains periods with average inflation rates that are close to zero as well as two sharp deflations. Results from a variety of different tests indicate that wage change distributions are consistent with the presence of downward nominal wage rigidity. However, for two subsamples containing sharp declines in output and prices, estimates of the extent of downward nominal wage rigidity are much lower. This suggests that downwards adjustments did occur during times of severe depression and deflation.en_AU
dc.description.sponsorshipFunding from the Social Sciences and Humanities Research Council of Canada is gratefully acknowledgeden_AU
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.issn0008-4085en_AU
dc.identifier.urihttp://hdl.handle.net/1885/265541
dc.language.isoen_AUen_AU
dc.publisherUniversity of Toronto Pressen_AU
dc.rights© 2018 The authorsen_AU
dc.sourceCanadian Journal of Economicsen_AU
dc.titleDownward nominal wage rigidity: Evidence from Canada 1901-1950en_AU
dc.typeJournal articleen_AU
local.bibliographicCitation.issue3en_AU
local.bibliographicCitation.lastpage967en_AU
local.bibliographicCitation.startpage946en_AU
local.contributor.affiliationCoe, Patrick, College of Asia and the Pacific, ANUen_AU
local.contributor.authoruidCoe, Patrick, u4954044en_AU
local.description.embargo2099-12-31
local.description.notesImported from ARIESen_AU
local.identifier.absfor140100 - ECONOMIC THEORYen_AU
local.identifier.absfor140200 - APPLIED ECONOMICSen_AU
local.identifier.absfor140300 - ECONOMETRICSen_AU
local.identifier.ariespublicationu4485658xPUB213en_AU
local.identifier.citationvolume51en_AU
local.identifier.doi10.1111/caje.12341en_AU
local.identifier.scopusID2-s2.0-85052832470
local.publisher.urlhttps://onlinelibrary.wiley.com/en_AU
local.type.statusPublished Versionen_AU

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