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1965-2015 period. We find that the WPC changes according to the dynamics of both unemployment and inflation. Specifically … negative relationship between wage growth and unemployment during periods of expansion when inflation is above its long …Despite a low unemployment rate, wage growth in the U.S. was negligible during the 2013-2015 period. Conventional …
Persistent link: https://www.econbiz.de/10012968186
their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …
Persistent link: https://www.econbiz.de/10012252383
their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to … impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the German …
Persistent link: https://www.econbiz.de/10012300561
and prices, unemployment and labour productivity. Impulse indicator saturation is used to achieve robust estimation of …
Persistent link: https://www.econbiz.de/10011653824
relation between labour market slack and nominal wage inflation in the Central and Eastern European (CEE) economies between … 2001 and 2017. However, after 2009 wage inflation was significantly below the value that would have been predicted by an … unemployment gap. A closer look at the recent evolution of labour market conditions in Poland, Hungary and the Czech Republic …
Persistent link: https://www.econbiz.de/10012865604
Danish data on vacancies and unemployment at the occupational level and firm data on the occupational composition of …
Persistent link: https://www.econbiz.de/10013256472
Persistent link: https://www.econbiz.de/10009355305
This paper documents and analyses the predominance of informal employment in Africa and shows that lack of demand for labour rather than worker characteristics is the main reason for pervasive underemployment. Integration into the global economy and exports of labour-intensive products are vital...
Persistent link: https://www.econbiz.de/10010230912
Persistent link: https://www.econbiz.de/10012316185
inflation and the extent of real wage rigidity but that these effects depend on the definition of reference norms (e.g. how …
Persistent link: https://www.econbiz.de/10012763968