أعرض تسجيلة المادة بشكل مبسط

dc.creator Woitek, Ulrich
dc.date 2004
dc.date.accessioned 2013-10-16T07:01:34Z
dc.date.available 2013-10-16T07:01:34Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18845
dc.identifier ppn:389732613
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18845
dc.description The cyclicality of real wages has important implications for the validity of competing business cycle theories. However, the empirical evidence on the aggregate level is inconclusive. Using a threshold vector autoregressive model for the US and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is demonstrated that the inconclusive evidence is not only caused by measurement problems, estimation method and composition bias as discussed in the literature. In addition, one should also consider whether the economy is in an upswing or a downswing. In general, the evidence for countercyclical wages is stronger in Germany than for the US, but taken together there is no clear systematic pattern.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1206
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E32
dc.subject C32
dc.subject ddc:330
dc.subject threshold vector autoregressive model
dc.subject real wages
dc.subject business cycle
dc.subject Reallohn
dc.subject Konjunktur
dc.subject VAR-Modell
dc.subject Schätzung
dc.subject Vergleich
dc.subject Vereinigte Staaten
dc.subject Deutschland
dc.title Real wages and business cycle asymmetries
dc.type doc-type:workingPaper


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط