A macroeconomic analysis of the impact of union wage increases on nonunion wages

被引：2
|
作者：
Hsing, Y [1 ]
机构：
[1] SE Louisiana Univ, Coll Business & Technol, Dept Gen Business, Hammond, LA 70402 USA
来源：
APPLIED ECONOMICS LETTERS | 2001年 / 8卷 / 12期
关键词：
D O I：
10.1080/13504850110046499
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Based on the augmented Phillips curve and the autoregressive conditional heteroscedasticity model, the author finds that the growth of nonunion wages are positively associated with expected inflation, productivity growth, and the growth of union wages and are negatively correlated with the unemployment rate. The partial adjustment process is confirmed. Error variance can best be modelled by the ARCH(2) process.
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页码：803 / 806
页数：4
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