Results 1 to 10 of about 654,392 (306)
When heavy unemployment persists year after year, it is natural to infer that labour is over-priced. This explanation may well prove to be a crucially important part of a larger explanation; but it is also clear that there are ambiguities to be removed ...
T. WILSON
doaj +2 more sources
Fiscal Shocks and Real Wages [PDF]
I estimate the short-run dynamic effect of fiscal shocks on real wages for a panel of euro area countries. The main findings are in line with the Neo-Keynesian predictions that real wages increase in response to spending shocks. However, the scale of the
Agustín S. Bénétrix
core +2 more sources
On the Cyclicality of Real Wages and Wage Differentials [PDF]
In this paper we investigate the cyclicality of real wages. The approach we take is to search for the largest possible common cyclical component in a statistical sense.
Christopher Otrok +1 more
core +6 more sources
Real Wages and the Business Cycle in Germany [PDF]
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the ...
Beissinger, Thomas, Marczak, Martyna
core +8 more sources
La oferta laboral femenina y sus determinantes: evidencia para Colombia conestimativas de cohortes sintéticas [PDF]
The elasticity of labor supply to real wages has broad and significant implications to understanding economic fluctuations and to evaluating the effects of economic policies.
Araceli Manco +2 more
doaj +5 more sources
Real wages and productivity during the COVID-19 pandemic
Rising wages and prices have characterized 2021 and 2022. Soaring unit labour costs have raised competitiveness concerns. This article examines the relationship between real wages and productivity to see whether real wage growth (growth in real total ...
Danny Leung, Ryan Macdonald
doaj +1 more source
<p>We process information in a large number of Canadian wage contracts, signed over a period of several decades, to generate the long-run history of the real wage for each bargaining pair. We term these hitherto unexamined histories ‘chronologies’. We are able to generate 1574 continuous real wage chronologies and we examine the evolution of the
Louis N. Christofides, Amy Peng
openaire +4 more sources
Long-term trends in differentiation between regions: Sverdlovsk oblast vs Chelyabinsk oblast [PDF]
Threats of increased differentiation across regions, which have caused inefficient spatial development, are progressively coming into the scientists’ focus. By and large, a peripheral region is unlikely to take the place of the center.
Daria S. Bents
doaj +1 more source
Nominal Wage Rigidity and Real Wage Cyclicality [PDF]
We discuss the ability of standard estimates of the correlation of wages and employment to measure the relative strength of aggregate demand and supply shocks, given that the choice of time period, deflator, and explanatory variables inherently biases the estimated cyclical coefficients toward identifying labor supply or demand.
Marcello Estevao, Beth Anne Wilson
openaire +1 more source
This paper aims to discuss the theory of productivity growth and its empirical applications, several authors emphasize the impact of real exchange rate devaluation on productivity.
Douglas Alencar +2 more
doaj +1 more source

