Testing for a structural change in U.S. wage determination

John W Budd, Yongjin Nho

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

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 languageEnglish (US)
Pages (from-to)160-177
Number of pages18
JournalIndustrial Relations
Volume36
Issue number2
DOIs
StatePublished - Apr 1997

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