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Young people entering the job market are in a precarious economic position. Across Europe, and in Belgium in particular, those who wish to enter into the professional world are faced with the de facto mandate that in order to gain experience and build the connections that will enable them to...
Persistent link: https://www.econbiz.de/10011959039
Online labour platforms matching labour supply and demand are profoundly modifying the world of work. Businesses use them to outsource tasks to a world-wide pool of workers; while workers can access work opportunities transcending national boundaries. Increasingly, workers are located in...
Persistent link: https://www.econbiz.de/10011995903
inflation and declining real wages - governments must engage in a transformative agenda and go beyond emergency energy vouchers …, business as usual will not do. The share of wages to GDP has been declining since the late 1970s, deregulation of labor markets … the deterioration of living standards, a guarantee of minimum wages adequate to secure a decent living standard should be …
Persistent link: https://www.econbiz.de/10014313430
; EU enlargement ; wages ; international migration ; remittances …
Persistent link: https://www.econbiz.de/10009519861
) productivity. -- wages ; body mass index ; Europe …We use data from the European Community Household Panel to investigate the impact of obesity on wages in 9 European … countries, ranging from Ireland to Spain. We find that the common impact of obesity on wages is negative and statistically …
Persistent link: https://www.econbiz.de/10003039649
We use a simple macroeconomic model proposed by Bernanke and Blanchard (2023) to investigate the reasons for the recent sharp rise in inflation. Applied to Germany and the euro area, the model suggests that the surge in inflation has mainly been caused by commodity price shocks and supply...
Persistent link: https://www.econbiz.de/10014519212
inclusion of productivity shocks in standard New Keynesian Phillips Curve (NKPC). The question of interest is on the empirical … importance of and whether productivity shocks shift the Phillips curve using U.S. and Euro area data. Highlighting the inclusion … of productivity growth, we employ a hybrid model specification augmented with a productivity term. The model is estimated …
Persistent link: https://www.econbiz.de/10003873186
advanced Europe, where wages are more closely related to inflation and inflation expectations in the short run, implying … the build up of a real wage overhang relative to sharply slowing labor productivity, which subsequently dragged on nominal … wage rises even as unemployment began to decline. Spillovers of subdued wage growth between euro area countries also …
Persistent link: https://www.econbiz.de/10012102142
This paper uses data from the Cedefop European Skills and Jobs (ESJ) survey, a new international dataset of adult …‐qualified employees. Little evidence is found in favour of equilibrium theories of skills matching and compensating wage differentials …
Persistent link: https://www.econbiz.de/10011451997
This paper investigates the relationship between public and private wages in the five largest euro area countries for … the period 1997-2017. The analysis shows that there exists a positive and significant response of private wages to a …, Spain, Italy and non-significant in Germany and the Netherlands). Interestingly, the response of private wages is found to …
Persistent link: https://www.econbiz.de/10011975478