Search Results - subject:"Wage indexation"

What caused the post-pandemic era inflation in Belgium? : replication of the Bernanke-Blanchard model for Belgium

De Walque, Gregory; Lejeune, Thomas - 2024

realised inflation, a large wage catch-up - reflecting automatic wage indexation - and some role for labour market tightness in …

Persistent link: https://www.econbiz.de/10014520150

Inflation and energy price shocks : lessons from the 1970s

Corsello, Francesco; Gomellini, Matteo; Pellegrino, Dario - 2023

Persistent link: https://www.econbiz.de/10014391328

(Dis)solving the zero lower bound equilibrium through income policy

Ascari, Guido; Bonchi, Jacopo - In: Journal of money, credit and banking : JMCB 54 (2022) 2/3, pp. 519-535

Persistent link: https://www.econbiz.de/10013167401

What caused the post-pandemic era inflation in Belgium? Replication of the Bernanke-Blanchard model for Belgium

De Walque, Gregory; Lejeune, Thomas - 2024

realised inflation, a large wage catch-up - reflecting automatic wage indexation - and some role for labour market tightness in …

Persistent link: https://www.econbiz.de/10014550310

Indexing wages to inflation in the EU : fiscal drag and benefit erosion effects

Leventi, Chrysa; Mazzon, Alberto; Orlandi, Fabrice - 2024

States adopted a series of exceptional fiscal policy measures. In this paper, we turn our focus on wage indexation, a policy … (first-order) fiscal and distributional impact of wage indexation and of its two main subsequent effects, fiscal drag and … erosion. We find that the budgetary impact of wage indexation varies widely among European countries. Interestingly, we also …

Persistent link: https://www.econbiz.de/10015071630

Optimal inflation target in small open economies: the role of asymmetric nominal rigidities

Rodrigo Arnabal, Luis; Garcia-Cicco, Javier - 2024

Persistent link: https://www.econbiz.de/10015114887

Special aggregate index of the Services Producer Price Index (SPPI) based on labor cost ratio

Yutani, Takemaro; Howard, Edmundmichikazu; Yoshino, Tomoaki - 2024

Persistent link: https://www.econbiz.de/10015187792

Wage Indexation and International Competitiveness in Belgium: An Uneasy Coexistence : Belgium

Geis, André - 2023

Belgium is one of a small group of euro area countries that maintains indexation of wages to inflation as part of its wage setting framework. With intensified price pressures since late 2020 driving inflation to record levels, the tension between compensating workers for purchasing power losses...

Persistent link: https://www.econbiz.de/10015059631

Downward Nominal and Real Wage Rigidity : Survey Evidence from European Firms

Kosma, Theodora; Babeckij, Jan; Du Caju, Philip; … - 2022

with downward real wage rigidity, measured on the basis of wage indexation. Downward nominal wage rigidity is positively …

Persistent link: https://www.econbiz.de/10014030368

An Empirical Model of Wage Indexation Provisions in Union Contracts

Card, David E. - 2022

Cost of living escalators are an important feature of North American labor contracts. This paper presents a measure of the response of index-linked wage increases to concurrent price increases for a sample of Canadian contracts, and then analyses this response in terms of a simple model of...

Persistent link: https://www.econbiz.de/10013324037