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dc.contributor.authorFry, Julieen
dc.date.accessioned2010-09-01T01:36:02Z
dc.date.issued1993en
dc.identifier.urihttps://hdl.handle.net/10182/2477
dc.description.abstractThis thesis extends the existing literature on the real wage gap initiated by Bruno and Sachs' (1985) seminal work "The Economics of Worldwide Stagflation." Its primary contribution is an extensive sensitivity analysis of the impact of using different data series, methodological frameworks, and functional forms on the measured real wage gap. Cobb-Douglas and CES production functions are estimated using New Zealand data. The thesis finds that using different definitions of the actual real wage can change the measured real wage gap by up to 30%, but that the warranted real wage is relatively insensitive to other changes in data and methodology. The real wage gap does not play a significant role in explaining the path of employment or unemployment in New Zealand between 1967 and 1991.en
dc.language.isoenen
dc.publisherLincoln Universityen
dc.subjectlabour economicsen
dc.subjectmacroeconomicsen
dc.subjectunemploymenten
dc.subjectwarranted real wageen
dc.subjectreal wage gapen
dc.subjectproduction function estimationen
dc.subjectNew Zealanden
dc.titleMeasurement issues with real wage gaps in New Zealanden
dc.typeThesis
thesis.degree.grantorLincoln Universityen
thesis.degree.levelMastersen
thesis.degree.nameMaster of Commerce and Managementen
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Financial and Business Systemsen
dc.rights.accessRightsDigital thesis can be viewed by current staff and students of Lincoln University only. Print copy available for reading in Lincoln University Library. en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/FABS
pubs.publication-statusPublisheden


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