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FISCAL SHOCKS AND REAL WAGES [PDF]
International Journal of Finance & Economics, 2011 ABSTRACTThis paper studies the impact of fiscal shocks in a panel of eleven euro area member countries. It contributes to the existing literature by providing new empirical evidence on the effects of different types of spending shocks on real wages. The main finding is that an increase in government spending raises the real wage. However, its magnitude
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Real Wages and Unemployment in Australia
Economica, 1991This paper estimates a three-equation model of the Australian labor market, for employment, real wages, and the participation rate. It uses the model to study the role of incomes policies in containing real wage growth and the reasons behind the changes in unemployment since 1970.
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Is there a wage curve with regional real wages?
2020Reagieren die Löhne auf regionale Arbeitslosigkeit, wie es die Theorie hinter der regionalen Lohnkurve behauptet, wenn regionale Preisunterschiede berücksichtigt werden? In diesem Papier werden regionale Preisindizes zur Beurteilung der Lohnkurve verwendet, während in der Literatur nur Nominallöhne für Lohnkurvenregressionen verwendet werden.
Rokicki, Bartlomiej +3 more
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Real Wages and Inflation: Rejoinder
Journal of Political Economy, 1972Professors Lucas and Rapping are right in calling my earlier comment on their work misleading. I should not have written that in their model a change in real GNP cannot change unemployment. As they point out it can, provided that it changes wages and prices. This in no way alters my view that the model is unrealistic.
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, 2009 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 real wage
Amy Peng, Louis N. Christofides
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2009
The previous chapter examines the impact on employment of changes in money wages and prices that are not due in the first instance to changes in the level of effective demand. This chapter considers a separate issue: namely the changes in money wages, prices and real wages that are in response to variations in effective demand and output. The classical
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The previous chapter examines the impact on employment of changes in money wages and prices that are not due in the first instance to changes in the level of effective demand. This chapter considers a separate issue: namely the changes in money wages, prices and real wages that are in response to variations in effective demand and output. The classical
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1966
Modern developments in academic economics, as we have seen, move away from traditional orthodoxy towards Marx. But in one sphere the movement has been in the opposite direction. On the question of the relationship of changes in money wages to changes in real wages, and of changes in real wages to changes in employment, Marx and the orthodox stand ...
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Modern developments in academic economics, as we have seen, move away from traditional orthodoxy towards Marx. But in one sphere the movement has been in the opposite direction. On the question of the relationship of changes in money wages to changes in real wages, and of changes in real wages to changes in employment, Marx and the orthodox stand ...
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The Real Wage-Employment Relationship
The Economic Journal, 1980Scarth, William M, Myatt, Anthony
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