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Inflation, a macroeconomic variable, is underpinned by microeconomic data. This paper uses a large microdata sample at …
Persistent link: https://www.econbiz.de/10005019449
monetary forces in producing deflation in the second and final quarters of the fourteenth century, but severe inflation in … deflations and intervening inflation – were the most powerful determinant of the level of real wages (i.e., in terms of the …’ by the post-Plague inflation, so that real wages fell. Conversely, the rise of real wages in the second quarter of the …
Persistent link: https://www.econbiz.de/10005055486
taking CPI food, CPI general, WPI food, WPI general, GDP deflator and SPI as measures of inflation and M1, M2 and M3 supply …
Persistent link: https://www.econbiz.de/10005029702
Economist have noted for decades that Consumer Price Index (CPI) in the developed countries is overstating inflation by … 0,5-2,0% per year. A significant part of such a bias is found to be caused by the presence of technology products and … differentiated products in CPI. An increasing weight of these products in the Russian CPI may also lead to a substantial upward bias …
Persistent link: https://www.econbiz.de/10005621652
Persistent link: https://www.econbiz.de/10013056555
Inflation is currently low and falling in the OECD area. A side effect of these facts is that they made harder the task … single prices did not tend to narrow as inflation falls. Thus the distribution of price changes (and underlying price … evidence concerning price changes dispersion and its effects on economic analysis and the dependency of inflation from initial …
Persistent link: https://www.econbiz.de/10011258917
Can one come up with the ‘hard science’ to show that part of the enviable ‘quality of life’ in certain provinces in Canada has to do with the differential ‘purchasing power’ of their residents? Although the mean level of earnings/income per annum is lower/higher in certain provinces...
Persistent link: https://www.econbiz.de/10005260297
There are a lot of studies that test Ballasa –Samuelson hypothesis also known as Harrod-BalassaSamuelson effect directly via the effect of productivity, one possible explanation is that PER Capita GDP is not good explanation for productivity (.i.e. Labor productivity) differences; an increase...
Persistent link: https://www.econbiz.de/10009325645
, productivity, international competitiveness, real wages, per-capita consumption and poverty, other than inflation. Hedonic methods …
Persistent link: https://www.econbiz.de/10009647240
A research project to determine whether the full bench of the Commonwealth Conciliation and Arbitration Commission consistently bases its decision to award a minimum wage increase equal to, above or below the percentage increase in the consumer price index, on given economic and political factors.
Persistent link: https://www.econbiz.de/10008543044