Real wage chronologies

Arbeitspapier

We process information in a large number of wage contracts, signed over a period of several decades, to generate the long-run history of the real wage for each bargaining pair. We term these hitherto unexamined histories chronologies'. We are able to generate 1574 continuous real wage chronologies and we examine the evolution of the real wage in each case. We explore the influence of productivity growth, the industrial relations record of the pair, the influence of industry and region as well as the initial wage on the growth of the real wage rate over the decades in the sample. We conclude that these economically important forces can be statistically discerned in the wage chronologies.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 2096

Classification and Topics

• Classification: Wirtschaft ; Price Level; Inflation; Deflation ; Labor Contracts ; Labor-Management Relations, Trade Unions, and Collective Bargaining: General
• Subject: Reallohn ; Regionale Entwicklung ; Branchenentwicklung ; Produktivität ; Kanada

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Christofides, Louis N. ; Peng, Amy Chen
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/26141
• Last update: 10.03.2025, 11:42 AM CET