In this research, the short-period relationship between employment and real wages (i.e. average hourly wages divided by industrial product prices) has been analysed, using monthly data for total manufacturing and selected industries in Montreal, 1963 to 1982. In each case, trends for employment and for real wages are specified using econometric methods. For each variable the difference between its trend and actual values are calculated. Then, the two sets of residuals are graphically compared. If there is a quantitatively important negative short-period relationship between real wages and employment, the graphics should show it. / The findings are complex. A clear negative relationship is found only between 1973 and 1982, and not for all industries. Thus, the results do not strongly support the idea that there is a simple negative short-period relationship.
Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.60034 |
Date | January 1990 |
Creators | Dagenais, Vincent |
Publisher | McGill University |
Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
Language | French |
Detected Language | English |
Type | Electronic Thesis or Dissertation |
Format | application/pdf |
Coverage | Master of Arts (Department of Economics.) |
Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
Relation | alephsysno: 001226387, proquestno: AAIMM67738, Theses scanned by UMI/ProQuest. |
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