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See, for example, S. Kaliski, “The Relation between Unemployment and the Rate of Change of Money Wages in Canada,”International Economic Review, V (1964), pp. 1–33; and D. Kaun, “Wage Adjustments in the Appalachian States,”Southern Economic Journal, XXXII (1965), pp. 127–136.
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King, Casetti, and Jeffrey,.
The point should be noted that the wage-rate data used were those for manufacturing, and for those cities not specializing in manufacturing these data might not be representative of the overall wage-rate picture.
The success of the dummy variables probably was due to the statistical definition of wagerate change. Its value depends heavily on the amount of overtime worked and this varies regularly with the season.
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See, for example, S. Kaliski,op. cit.,.
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See F. Brechling, “Trends and Cycles in British Regional Unemployment,”Oxford Economic Papers, XIX (1967), pp. 1–21, and E. Casetti, L. King, and D. Jeffrey, “Structural Imbalance in the U.S. Urban-Economic System, 1960–1965,”Geographical Analysis, III (1971), pp. 239–255.
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Our discussion here closely follows that of Thomas and Stoney,op. cit.
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Grateful acknowledgment is made of the support provided for this work by the Canada Council, Grant No. S71-0967.
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King, L.J., Forster, J.J.H. Wage-rate change in Urban labor markets and intermarket linkages. Papers of the Regional Science Association 30, 183–196 (1973). https://doi.org/10.1007/BF01941813
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DOI: https://doi.org/10.1007/BF01941813