Qiu, Hanqing2013-08-272013-08-2720052005http://hdl.handle.net/10393/25253The paper investigate whether real wages respond positively to demand shocks or not. Using Canadian industry-level aggregate data, I find that real wages of salaried employees respond positively to low-frequency demand shocks from 1991 to 2000, and real wenThe Response of Real Wages to demand Shocks