Arbeitspapier
Contract Duration and Indexation in a Period of Real and Nominal Uncertainty
A sample of 11885 wage agreements, reached in the Canadian unionized sector during 1976-2000, a period of high as well as exceptionally low inflation and substantial fluctuations in nominal and real uncertainty, is used to study the determinants of key provisions of contracts such as their duration and indexation clauses. Econometric techniques, which account for the interaction between duration and indexation, as well as the latent nature of the elasticity of indexation are used. Results obtained suggest that expected inflation, nominal and real uncertainty account for most of the secular and cyclical changes in contract provisions.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 994
- Klassifikation
-
Wirtschaft
- Thema
-
contract duration
indexation
nominal
real uncertainty
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Christofides, Louis
Peng, Amy Chen
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Christofides, Louis
- Peng, Amy Chen
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2003
Ähnliche Objekte (12)
Money, Nominal Contracts, and the Business Cycle: I. One-Period Contract Case
Contract adjustment under uncertainty
Unemployment Benefits, Contract Length and Nominal Wage Flexibility
A Dynamic Model of Trade Union Contract Duration
The Workers' Value of the Remaining Employment Contract Duration
An Empirical Estimation of NCAA Head Football Coaches Contract Duration
Industrial service contracting : managing uncertainty at contract design and delivery
Uncertainty estimation of regionalised depth–duration–frequency curves in Germany
Uncertainty estimation of regionalised depth–duration–frequency curves in Germany
Export Cutoff Productivity, Uncertainty and Duration of Waiting for Exporting
Implied Volatility Duration: A measure for the timing of uncertainty resolution
Implied volatility duration: A measure for the timing of uncertainty resolution
Money, Nominal Contracts, and the Business Cycle: I. One-Period Contract Case
Contract adjustment under uncertainty
Unemployment Benefits, Contract Length and Nominal Wage Flexibility
A Dynamic Model of Trade Union Contract Duration
The Workers' Value of the Remaining Employment Contract Duration
An Empirical Estimation of NCAA Head Football Coaches Contract Duration
Industrial service contracting : managing uncertainty at contract design and delivery
Uncertainty estimation of regionalised depth–duration–frequency curves in Germany
Uncertainty estimation of regionalised depth–duration–frequency curves in Germany
Export Cutoff Productivity, Uncertainty and Duration of Waiting for Exporting
Implied Volatility Duration: A measure for the timing of uncertainty resolution
Implied volatility duration: A measure for the timing of uncertainty resolution
Money, Nominal Contracts, and the Business Cycle: I. One-Period Contract Case
Contract adjustment under uncertainty
Unemployment Benefits, Contract Length and Nominal Wage Flexibility
A Dynamic Model of Trade Union Contract Duration
The Workers' Value of the Remaining Employment Contract Duration
An Empirical Estimation of NCAA Head Football Coaches Contract Duration
Industrial service contracting : managing uncertainty at contract design and delivery
Uncertainty estimation of regionalised depth–duration–frequency curves in Germany
Uncertainty estimation of regionalised depth–duration–frequency curves in Germany
Export Cutoff Productivity, Uncertainty and Duration of Waiting for Exporting
Implied Volatility Duration: A measure for the timing of uncertainty resolution