wage formation
On wage formation, wage flexibility and wage coordination : A focus on the nominal wage impact of productivity in Germany, Greece, Ireland, Portugal, Spain and the United States
... Wage formation, wage flexibility and wage coordination Page 15 The non-linearity of the wage equation (7) allows for non-constant semi-elasticities with respect to the unemployment rate ...
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On wage formation: wage flexibility and wage coordination: A focus on the wage impact of productivity in Germany, Greece, Ireland, Portugal, Spain and the United States. MPRA Paper No. 31102, 29 June 2011
... Wage formation, wage flexibility and wage coordination Page 14 The non-linearity of the wage equation (7) allows for non-constant semi-elasticities with respect to the unemployment rate ...
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The wage formation process and labour market flexibility in the Community, the US and Japan. Economic Paper No. 118, September 1996
... mE WAGE FORMATION PROCESS AND LABOUR MARKET FLEXIBILITY IN THE COMMUNITY, THE US AND JAPAN CONTENTS EXECUTIVE SUMMARY SECTION 1 OVERVIEW OF LABOUR MARKET FLEXIBILITY 1.1 DISTINCTION BETW[r] ...
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Wage formation in the Italian private sector after the 1992 93 income policy agreements
... and wage differentials point of view the individual and collective extra- minima are fairly ...internal wage differentials and skill ...SNCs’ wage differentials by ...metalworking wage bills ...
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On wage formation, wage development and flexibility: a comparison between European countries and the United States. DNB Staff Report No. 108/2003
... the wage rate ...the wage rate in the long term. The wage rate has to compensate for the difference between both ...a wage compensation before taking part in the paid labour ...the wage ...
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On wage formation, wage development and unemployment. Research Memorandum WO&E No. 677, December 2001
... The wage bargaining model explains the wage rate by the determinants. Both labour productivity and the sum of the two prices possess a semi-elasticity of 1 by definition. More interesting cases are the ...
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The political economy of a consensus society: experience from behind the dykes
... Corporatism or Competition: An International Comparison of Labour Market Structures and their Impact on Wage Formation, Cambridge: Cambridge University Press.. "Consensus as Collective S[r] ...
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Synthesis Report on Structural Reforms in Member States. Report addressed to the Council and the Commission. 8 March 1999.
... the wage formation process, (which in many Member States is otherwise the exclusive domain of social partners) they serve as a platform to seek agreement on broader thrusts of government policy (measures to ...
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From Phillips curve to wage curve
... that wage formation can better be described by the so-called wage curve, in which wage growth depends only on the change in unemployment and not on the level of ...on wage levels and ...
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An Efficiency Wage—Imperfect Information Model of the Phillips Curve
... In the sticky information model of Mankiw and Reis (2002) [20], a fraction of firms receives information in each period that enables them to compute optimal prices, while the remaining firms set prices based on ...
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Dual Wage Rigidities: Theory and Some Evidence
... of wage inflation, the model-implied autocorrelation function of wage inflation is able to explain the observed persistence reasonably ...although wage inflation is less persistent when compared to ...
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Winning a Living Wage: The Legacy of Living Wage Campaigns
... Living Wage using a mixed methodology that included case studies, interviews and survey, as well as statistical data ...that wage premium was being managed down by employers and clients in different ...
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Determinants of on the job Search Behavior: An Empirical Analysis
... look for a new job while being employed. Our analysis shows that one level higher qualification increases the probability of active search by 3.43 percentage point. According to previous explanations (Ponzo [22]), this ...
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Winning a living wage: The legacy of living wage campaigns
... living wage and psychological health, after adjusting for socio-economic ...living wage in relation to ...living wage with cuts in number of hours, reductions in overtime and bonus ...living ...
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Market forces at work? Free movement of labour following the 2004 EU enlargement
... countries. Wage differentials between Sweden and the CEEC-8 did not decrease but rather remained ...of wage differential in Sweden is a sign of a prospering economy, as the country was able to keep up with ...
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The causes of Ireland's unemployment
... In the context of the wage equation estimates given in Table 2, where the change in the product wage is the dependent variable, this means that the lagged level of the product wage and t[r] ...
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Introduction to the Low Pay and the `Real` Living Wage
... - Minimum income standard (MIS)is based on hours required to survive and researched independently. Based upon University of Loughborough and York in the UK and replicated by teams in Ireland, France, Japan, and in 2016 ...
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Is there a producer quality wage premium similar to the exporter wage premium?
... exporter wage premium have ...that wage premium of exporter firms and their higher human capital are due to their higher product ...average wage of the ...
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Micro level Rigidity vs Macro level Flexibility: Lessons from Finland
... Since downward wage rigidities mean that wage change distributions become asymmetric by shifting the negative nominal and real wage changes upward in the distribution, it means that the [r] ...
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Stagnation and minimum wage: Optimal minimum wage policy in macroeconomics
... minimum wage in macroeconomics with dynamic general equilibrium model giving rise to two different ...minimum wage hike has positive effects on an employment rate, aggregate consumption, and social welfare ...
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