Wages in the Business Cycle: An Empirical and Methodological Analysis

Wages in the Business Cycle: An Empirical and Methodological Analysis

by Jonathan Michie

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Product Details

ISBN-13: 9781472513182
Publisher: Bloomsbury Academic
Publication date: 01/09/2014
Series: Bloomsbury Academic Collections: Economics
Pages: 256
Product dimensions: 6.40(w) x 9.30(h) x 0.90(d)

About the Author

Jonathan Michie is Professor of Innovation & Knowledge Exchange at the University of Oxford, UK, where he is also President of Kellogg College.

Table of Contents

1. Introduction
2. The Theoretical Background
3. A Survey of the Literature
4. International Results
5. Employment
6. Phases of the Cycle
7. Individual Industries and the Aggregate Economy
8. The History of the Cyclical Wage Debate
9. Conclusion
Appendix 1: Using Alternative Price Deflators
Appendix 2: Construction of Total Direct Cost Index
Appendix 3: Statistical Tests
Appendix 4: Data
Appendix 5: The Phase Average Trend Technique
Appendix 6: Seasonal Adjustment
Bibliography
Author Index
Subject Index

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