Ups and downs: how wages change over the business cycle
Kevin Huang ()
Business Review, 2006, issue q2, 1-8
In ?Ups and Downs: How Wages Change Over the Business Cycle,? Kevin Huang discusses the shift in the cyclicality of real wages ? from countercyclical before World War II to procyclical postwar. He outlines the standard explanation for this change but offers evidence of an alternative explanation: the increased role that intermediate goods play in the production process in the postwar era.
Keywords: Business cycles; Wages (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://www.philadelphiafed.org/research-and-data/p ... -1_ups-and-downs.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.philadelphiafed.org:443 (http://www.philadelphiafed.org/research-and-data/publications/business-review/2006/q2/br_q2-2006-1_ups-and-downs.pdf [302 Redirect]--> https://www.philadelphiafed.org/research-and-data/publications/business-review/2006/q2/br_q2-2006-1_ups-and-downs.pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fip:fedpbr:y:2006:i:q2:p:1-8
Ordering information: This journal article can be ordered from
Access Statistics for this article
Business Review is currently edited by Becca Sells
More articles in Business Review from Federal Reserve Bank of Philadelphia Contact information at EDIRC.
Bibliographic data for series maintained by Beth Paul ().