Results 11 to 20 of about 35,983 (263)
In a recent work, F. Modigliani and T. Padoa-Schioppa presented a theoretical framework in support of the widely diffused thesis among economic commentators regarding the existence of an inverse relationship between real wages and employment.
C. CASAROSA
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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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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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AbstractIn this paper, we provide empirical evidence that real wage rigidity is not a major cause of unemployment volatility. We argue that there is a disconnect between the theoretical and empirical literatures on this topic. While theoretical studies define real wage rigidity as the response of wages to changes in unemployment following productivity ...
Ellington, M., Martin, C., Wang, B.
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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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This paper examines the changes in real hourly wages in Colombia along the recovery phase taking place from March 2009 to March 2014. The starting finding is that the distribution of wages at trough looks like translations to the left of recovery ...
Jimmy Alexander Melo Moreno
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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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Mexican Real Wages Before the Revolution: A Reappraisal
Seminal literature has documented broadly the living conditions of Mexican workers before the Revolution of 1910. Various authors argue that a continuous deterioration of real wages in the preceding years of the Mexican revolution contributed to the ...
Javier L. Arnaut
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Evaluation of Correlation between Labour Productivity and Wages in Individual Countries’ Economy [PDF]
The paper is concerned with the problems of evaluating and managing the correlation between labour productivity growth and wages as the most important elements of strategic development of economies in different world countries.
Bogatyreva Irina, Ilyukhina Larisa
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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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