Results 11 to 20 of about 25,626 (262)
<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
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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
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While nominal wage differences between skilled and unskilled workers have increased since 1980, college graduates have experienced larger increases in cost of living because they have increasingly concentrated in cities with high cost of housing. Using a city-specific CPI, I find that real wage differences between college and high school graduates ...
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Comparing Real Wage Rates [PDF]
A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers.
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Are Real Wages Rigid Downwards? [PDF]
This paper explores the existence of downward real wage rigidity (DRWR) in 19 OECD countries, over the period 1973–1999, using data for hourly nominal earnings at industry level. Based on a nonparametric statistical method, which allows for country and year specific variation in both the median and the dispersion of industry wage changes, we find ...
Steinar Holden, Fredrik Wulfsberg
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Real Wage Cyclicality in Italy [PDF]
AbstractThis paper analyses the cyclical behaviour of male real wages in Italy, distinguishing between North and Centre‐South, using the European Community Household Panel 1994–2001. We separate job stayers (remaining in the same job), from within‐ and between‐company job movers. Stayers are the large majority. We find stayers in the North to have high
Peng, Fei, Siebert, William Stanley
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Immigration, investment, and real wages [PDF]
When a country is the recipient of large-scale, politically motivated immigration -- as has been the case for Israel in recent years -- the initial impact is to reduce real wages. Over the longer term, however, the endogenous response of investment, together with increasing returns, may well actually increase real earnings. If immigration itself is not
Elise S. Brezis, Paul Krugman
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The wealth gap between rich and poor countries, which is growing, causes poor countries to be pushed to the margins of the world economy, the growth of unemployment in them, and the impoverishment of the population.
Oleksandr Cherep +2 more
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Assume that economic activities are conducted in a bounded continuous domain where workers move toward regions that offer higher real wages and away from regions that offer below-average real wages.
Minoru Tabata, Nobuoki Eshima
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HETEROGENEITY IN REAL WAGE CYCLICALITY [PDF]
ABSTRACTThis paper presents evidence that real wage cyclicality can be a particularly heterogeneous parameter, depending on different worker characteristics and also on the specific stage of the business cycle. Using matched employer–employee panel data for Portugal covering the period 1986–2004, real wages are shown to be considerably more procyclical
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