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La réponse des salaires industriels à des chocs peu fréquents au Canada .
Author(s) -
Gray David,
Qiu Hanqing
Publication year - 2010
Publication title -
canadian journal of economics/revue canadienne d'économique
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.773
H-Index - 69
eISSN - 1540-5982
pISSN - 0008-4085
DOI - 10.1111/j.1540-5982.2010.01612.x
Subject(s) - unobservable , flexibility (engineering) , wage , economics , labour economics , econometrics , longitudinal data , set (abstract data type) , demography , management , sociology , computer science , programming language
The first objective of this paper is to examine the empirical relationship between low‐frequency shocks to labour demand and average wages on an industrial basis using a Canadian longitudinal data set. We estimate a fixed‐effects model that controls for workers’ unobservable attributes. The second major objective is to extend the existing industry‐based literature by estimating a specification allowing for a comparison between the degree of wage responsiveness of within‐firm stayers and between‐firm movers. The findings indicate that average wages by industry tend to respond positively to low frequency changes in employment, and that there is some degree of wage flexibility within firm‐worker matches.