Showing 1 - 3 of 3
We construct a quarterly time series for nominal hourly wages and unit labour costs from 1975 onwards and investigate … the empirical link between wages and CPI inflation in order to identify causality effects and assess the relevance of … wages as an indicator for short-run price changes. We find evidence that prices systematically influence wages whereas the …
Persistent link: https://www.econbiz.de/10011933151
This paper investigates how recent immigration inflows from 2002 to 2008 have affected wages in Switzerland. This … on domestic wages using the actual immigration inflows from 2002 to 2008. For the long run, the simulations produce some …
Persistent link: https://www.econbiz.de/10011933251
The agreement with the European Union on liberalized migration had sizable effects on the Swiss economy. Simulations with a macroeconometric model show that the agreement mitigated the incidence of labor shortages and stimulated business investment, giving rise to an increased growth potential....
Persistent link: https://www.econbiz.de/10011933255