Similar Search Results

The Wage-Price Spiral; Industrial Country Evidence and Implications

Kandil, Magda E. - International Monetary Fund (IMF) - 2003

Using quarterly time-series data for a sample of twelve industrial countries, the paper investigates the dynamics of nominal wage and price adjustments in the face of aggregate demand shocks. The evidence illustrates patterns of the wage-price spiral and accompanying fluctuations. During...

Persistent link: https://www.econbiz.de/10005599403

Cost of Living Adjustment and Business Cycles; Disaggregated Evidence

Kandil, Magda E. - International Monetary Fund (IMF) - 2000

For a sample of US industries, nominal wage and price inflation follow aggregate price inflation closely during economic expansions. Hence, fluctuations in profit markup and real output are moderate in the face of expansionary demand shocks. During recessions, however, industrial nominal wage...

Persistent link: https://www.econbiz.de/10005599427

Labor Market Issues in the Caribbean: Scope to Mobilize Employment Growth

Kandil, Magda E.; Lindow, Genevieve; Mansilla, Mario; … - International Monetary Fund (IMF) - 2014

The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean … countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth … to major sources of labor market determinants, in the long and short run. The main determinants of employment include …

Persistent link: https://www.econbiz.de/10010800970