groups for unemployment reductions will not reduce wage or price inflation pressures. The estimates also show that the … prices, are affected by overall MSA unemployment, the distribution of unemployment among different groups, and national … prices and wages. MSA unemployment has strong effects on MSA wages and prices, but the distribution of unemployment among …

During the 1990s economic expansion, the United States enjoyed both low inflation and low unemployment. Juhn, Murphy … whether Phillips curve relationships between real compensation growth, changes in inflation, and labor market slackness are … labor market slackness do as well as men's in explaining real compensation growth and changes in inflation after 1983. …

externalities (e.g., short-term unemployment, lower wages, and burdens on society). Innovation does require labor to move from …Questionable methods for increasing nominal wages reduce real wages (i.e., buying power) by creating inflation …, shortages, lower quality, and long-term unemployment. To increase real wages (i.e., the ability to buy more), economic …

This paper provides direct evidence on the extent of monopsony power in the low-wage labor market by estimating the … firm-level elasticity of labor supply for nurse aides in the long-term care (nursing home) industry. Using exogenous …. While this is consistent with perfect competition in simple monopsony models of the labor market, I discuss how the results …

using panel and quantile regression methods and utilizing newly available labor survey data, merged with trade variables … general exert a minor influence on labor rewards for the poor in comparison to private sector employment and gender, which … remain the main segmenting factors in the labor market. These findings underscore the importance of social protection and …

Inflation is a fundamental category within an economy. Mainstream economists claim that its rate cannot be high nor too … Poland’s inflation target that is fixed on the level of 2,5% annually with the accepted range of +/- 1 percentage point … deviation. Main causes that were shaping the rate of real inflation were also specified. Research methods adopted in this paper …