Working Paper
Nominal Wage Rigidity: Non-Parametric Tests Based on Union Data for Canada
Louis Christofides, Thanasis Stengos
CESifo, Munich, 2001
CESifo Working Paper No. 535
CESifo, Munich, 2001
CESifo Working Paper No. 535
We study the wage-change distributions in union contracts reached in Canada between 1976-1999. We use non-parametric tests to check for nominal wage rigidity and find that it is present during low inflation periods.
Keywords: Nominal wage rigidity, non-parametric tests