Purpose – Studies of the cyclical behavior of real wages have identified monetary shocks and examined the response of real wages and output or employment. A finding that real wages are procyclical in response to a positive monetary policy shock is taken as evidence that prices are stickier...

Purpose – The purpose of this paper is to extend the existing literature on cross‐country disparities by providing measures of cross‐country inequality in human development index (HDI) and real income per capita over the 30‐year period 1975‐2004. Design/methodology/approach – A...

Purpose – The purpose of this paper is to extend the existing literature on cross-country disparities by providing measures of cross-country inequality in human development index (HDI) and real income per capita over the 30-year period 1975-2004. Design/methodology/approach – A...