Results 201 to 210 of about 281 (238)
Some of the next articles are maybe not open access.
Systematic Risk and the Theory of Wage Indexation
The Journal of Business, 1990In this article, the author integrates the theory of optimal wage indexation with capital market theory. The optimal indexation factor in his model depends on workers' preferences, firm-specific variables, and economywide capital market variables. A major difference between the results of the model and those of the previous literature is that, in his ...
openaire +1 more source
CONSEQUENCES OF MINIMUM WAGE INDEXING
Contemporary Economic Policy, 1996During the 1980s, the minimum wage fell relative to prices and average wages in the U.S. economy. If the minimum to average wage ratio had been constant at the level maintained through the 1970s, the minimum wage would have been $5.51 in 1993. If the 1993 minimum wage had increased to $5.51, payments to minimum wage workers would have increased by an ...
WILLIAM E. EVEN, DAVID A. MACPHERSON
openaire +1 more source
A note on wage indexation in a model with staggered wage setting
Economics Letters, 1985Abstract The purpose of this note is to show that, in the staggered wage setting a la Taylor, exogenous indexation of wages is destabilizing in terms of both prices and output. In a small open economy, the simultaneous application of an exchange rate policy aimed at maintaining purchasing power parity would help in eliminating output variability.
openaire +1 more source
Real Wages, The Wage Share and Cumulative Wage Indexation following a Currency Devaluation [PDF]
Economic Analysis and Policy (EAP), 1988 Real wage maintenance is shown to be incompatible with a currency devaluation in an N sector model in which production requires imported raw materials. Irrespective of the type of economy and the first round response of price setters the competitive advantage of the devaluation is dissipated, under constant markups, in the long run by the ensuing ...
openaire
Estimating the effects of the minimum wage using the introduction of indexation
Journal of Economic Behavior and Organization, 2021Daiji Kawaguchi, Yuko Mori
exaly
Wage indexation and the monetary policy regime
Journal of Macroeconomics, 2020Selien De Schryder +2 more
exaly
Partial Wage Indexation: An Empirical Test
International Economic Review, 1979Razin, Assaf, Lusky, Judith
openaire +1 more source
Wage Indexes and Price Indexes
Journal of the American Statistical Association, 1924openaire +1 more source