The Interaction between Indexation, Contract Duration and Non-Contingent Wage Adjustment
Bibliographic Data
| ID | 9724453 |
|---|---|
| Authors | Louis N Christofides (corresponding author) |
| Year | 1990 |
| Volume | 57 |
| Issue | 227 |
| Pages | 395 |
| Publication date | 1990-08-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2554942 |
| OpenAlex | W2093451713 |
| Language | EN |
| Citations received | 5 |
| References cited | 8 |
A model of the elasticity of indexation, contract duration and non-contingent wage adjustment is estimated using Canadian wage agreements. Results suggest that the degree of indexation and contract duration are interdependent and are affected by their past values, labour market conditions and inflation uncertainty. The correlation between the industry product prices and the CPI affects the degree of indexation. Non-contingent wage adjustment depends.on expected inflation, uncompensated past inflation, duration and indexation values, past and present, and labour market conditions. This model explains total wage adjustment as well as more aggregative models designed solely for that purpose
Duration (music) · Econometrics · Economics · Indexation · Inflation (cosmology) · Interdependence · Labour economics · Monetary economics · Monetary policy · Wage · Labor market dynamics and wage inequality · Merger and Competition Analysis · Monetary Policy and Economic Impact
Specification Tests in Econometrics
An Exogeneity Test for a Simultaneous Equation Tobit Model with an Application to Labor Supply
The Determination of Escalator Clauses in Collective Agreements
On Indexation and Contract Length
Sharing Risks of Deferred Payment
Cost-of-Living Escalators and Price-Wage Linkages in the U.S. Economy, 1968–1980
Cost-of-Living Clauses in Union Contracts
Cost-of-Living Escalators in Major Union Contracts
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,22 |
| Citation span | 2003 - 2025 (23) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 4 |