Abstract
Recent empirical studies find that the wage rate differences across industries are not so countercyclical as widely believed. We consider intra-industry wage differences which refer to wage differences across more narrowly defined industries and find stronger evidence of countercyclicality.
Original language | English |
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Pages (from-to) | 317-323 |
Number of pages | 7 |
Journal | Economics Letters |
Volume | 56 |
Issue number | 3 |
DOIs | |
Publication status | Published - 1997 Nov 14 |
Externally published | Yes |
Keywords
- Business cycles
- Intra-industry wage differences
ASJC Scopus subject areas
- Finance
- Economics and Econometrics