Wage Flexibility
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Wage Flexibility
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Author : Kazuo Tsuchiya
language : en
Publisher:
Release Date : 1988
Wage Flexibility written by Kazuo Tsuchiya and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Wage payment systems categories.
Wage Flexibility And Full Employment
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Author : R. D. Gupta
language : en
Publisher: Delhi : Vikas Publications
Release Date : 1971
Wage Flexibility And Full Employment written by R. D. Gupta and has been published by Delhi : Vikas Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Full employment policies categories.
Economic theory monograph on promotion of employment through wages flexibility, with particular reference to India - concludes that a flexible monetary policy is more effective than a flexible wage policy.
Price And Wage Flexibility In Hong Kong Sar
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Author : Mr.Si Guo
language : en
Publisher: International Monetary Fund
Release Date : 2017-01-20
Price And Wage Flexibility In Hong Kong Sar written by Mr.Si Guo and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-20 with Business & Economics categories.
The paper assesses the price and wage flexibility in Hong Kong SAR. At the aggregate level, it compares Hong Kong SAR with the United States, the United Kingdom and Singapore by examining the three commonly used macroeconomic relationships among inflation, unemployment, wage growth, and output fluctuations. At the industry level, the paper compares the distributions of labor earnings and price growth in Hong Kong SAR and the United States. It further estimates a model of wage formation under downward nominal wage rigidity to compare the extent of wage rigidity in Hong Kong SAR and the United States. Overall, the comparisons show that broadly speaking, price and wage adjustments are more flexible in Hong Kong SAR than other economies.
Wage Flexibility In Turbulent Times
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2005-07-01
Wage Flexibility In Turbulent Times written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-07-01 with Business & Economics categories.
This paper reviews several methods to measure wage flexibility, and their suitability for evaluating the extent of such flexibility during times of structural change, when wage distributions and wage curves can be particularly volatile. The paper uses nonparametric estimation to capture possible nonlinearities in the wage curve and relaxes the assumption of a stable wage distribution over time by linking the shape of the wage change distribution to macroeconomic variables. The proposed methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high-unemployment/low-wage environment. Based on a comparison of actual and counterfactual wage distributions, the effects of nominal wage rigidities on real wages, and thus, on the labor market and the real economy, were limited until 1998, but have been quite significant thereafter.
The Definition And Measurement Of Wage Flexibility
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Author : Frank Elmer Childs
language : en
Publisher:
Release Date : 1956
The Definition And Measurement Of Wage Flexibility written by Frank Elmer Childs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1956 with Wages categories.
Nominal And Real Wage Flexibility In Emu
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Author : Alfonso Arpaia
language : en
Publisher:
Release Date : 2007
Nominal And Real Wage Flexibility In Emu written by Alfonso Arpaia and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Labour market categories.
Recoge: 1. Introduction. - 2. Wage and unit labour cost developments. - 3. Phillips curve estimates. - 4. The cyclical responsiveness of relative compettitive positions in the euro area. - 5. Concluding remarks.
Wage Flexibility
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Author : F. Hahn
language : en
Publisher:
Release Date : 1985
Wage Flexibility written by F. Hahn and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Economics categories.
Institutions Informality And Wage Flexibility
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Author : Mr.Marcello M. Estevão
language : en
Publisher: International Monetary Fund
Release Date : 2012-03-01
Institutions Informality And Wage Flexibility written by Mr.Marcello M. Estevão and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-01 with Business & Economics categories.
Even though institutions are created to protect workers, they may interfere with labor market functioning, raise unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeconomic data to show that the institutional changes introduced by the 1988 Constitution lowered the sensitivity of real wages to changes in labor market slack and could have contributed to the ensuing higher rates of unemployment in the country. Moreover, the paper shows that states that faced higher increases in informality (i.e., illegal work contracts) following the introduction of the new Constitution tended to have smaller drops in wage responsiveness to macroeconomic conditions, thus suggesting that informality serves as a escape valve to an over-regulated environment.
Wage Flexibility And Economic Performance
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Author : Ms.Magda E. Kandil
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2000-08-01
Wage Flexibility And Economic Performance written by Ms.Magda E. Kandil and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-08-01 with Business & Economics categories.
This paper provides new empirical evidence on the degree of nominal wage flexibility in a sample of nineteen industrial countries. Across countries, aggregate uncertainty increases the degree of wage flexibility in the face of various shocks. Wage flexibility stabilizes fluctuations in real output and guarantees workers a higher real standard of living in response to aggregate demand shocks. Wage flexibility in response to energy price shocks guarantees workers higher real wages without exacerbating price inflation or output contraction. Nominal wage inflation decreases in response to productivity shocks, reinforcing output expansion.
Wage Flexibility And Unemployment Dynamics In Regional Labor Markets
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Author : Thomas Hyclak
language : en
Publisher: W. E. Upjohn Institute
Release Date : 1992
Wage Flexibility And Unemployment Dynamics In Regional Labor Markets written by Thomas Hyclak and has been published by W. E. Upjohn Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.