TY - JOUR A2 - van Ommeren, Jos AU - Tawadros, George B. PY - 2010 DA - 2010/07/21 TI - The Cyclical Behaviour of Real Wages: Evidence from Australia SP - 250729 VL - 2010 AB - This paper analyses the behaviour of real wages over the business cycle for Australia, using quarterly observations for the period 1984  :  1–2008  :  2. The unobserved cyclical components of prices, real wages, and three other cyclical variables are extracted from the observed time series using Harvey's (1985, 1989) structural time series model. A model relating these components is estimated, producing results which show that both prices and real wages are procyclical. SN - 2090-2123 UR - https://doi.org/10.1155/2010/250729 DO - 10.1155/2010/250729 JF - Economics Research International PB - Hindawi Publishing Corporation KW - ER -