Abstract
Previous tests for structural changes (slope changes) and shifts (intercept changes) in the Phillips curve and union wage determination specify the date of structural change a priori. This article tests for structural changes and shifts without specifying the change point ex ante. The results support the belief that structural changes occurred in the early 1980s. Contrary to some previous research, however, the results do not support a structural shift in the Phillips curve.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 160-177 |
| Number of pages | 18 |
| Journal | Industrial Relations |
| Volume | 36 |
| Issue number | 2 |
| DOIs | |
| State | Published - Apr 1997 |