The Internationalization of the US Wage Process

Baekin Cha and Daniel Himarios

Review of International Economics, 1995, vol. 3, issue 2, 209-23

Abstract: This paper explains the wage-growth slowdown that occurred in the U.S. in the 1980s. Using the vector autoregression method, it is shown that (1) a substantial portion of variations in the growth rate of average hourly earnings and other sectoral wages in the U.S. can be attributed to exchange-rate changes; (2) during the 1983-85 period the strong appreciation significantly reduced the growth rate of wages, but the subsequent depreciation had only modest effects; and (3) sectors like construction and services, traditionally assumed to be immune to foreign competition, have become sensitive to exchange-rate developments. Copyright 1995 by Blackwell Publishing Ltd.

Date: 1995
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:reviec:v:3:y:1995:i:2:p:209-23

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0965-7576

Access Statistics for this article

Review of International Economics is currently edited by E. Kwan Choi

More articles in Review of International Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().