@article{Neo-Keynesian:4257,
      recid = {4257},
      author = {Wurzburger, Benjamin},
      title = {A Neo-Keynesian Model of Nominal Wage Determination in  Canada},
      publisher = {Bank of Canada},
      address = {1977?},
      pages = {1 online resource (ii, 30 pages)},
      abstract = {In this report, the author discusses four paradigms of  wage determination: the neoclassical model, the  neo-Keynesian model, the Phillips curve, and the  expectations-augmented Phillips curve. He presents a  general specification that includes the four different  specifications as special cases. The estimated parameters  invite interpretation as a neo-Keynesian wage model. The  RDX2 earnings variable is explained by the consumer price  index, a product price deflator, normal productivity, a  measure of labour-market tightness, U.S. wages, average  hours, and the rate of change of employment. Finally, the  estimated equation is analyzed within the context of the  RDX2 macroeconomic model.},
      url = {http://www.oar-rao.bank-banque-canada.ca/record/4257},
      doi = {https://doi.org/10.34989/tr-11},
}