This paper investigates the empirical relationship between labor productivity, real wages and real GDP in Singapore … relation between labor productivity and real GDP but that wages seem to be caused by other underlying factors. However, real … wages respond positively to positive shocks in the real GDP or labor productivity using cholesky or generalized …

The traditional and almost universal method of expressing real wages is by index numbers, according to the formula: RWI … ascertaining whether changes in nominal (money) wages or changes in the price level were paramount in determining changes in real … wages. But it does not permit us to make any judgements about the levels of real wages and thus does not permit us to make …

alternative explanation of the wage penalty suffered by temporary workers even if standard models of efficiency wages would …

wages and workers have imperfect information about average wages at other firms. If specific assumptions are made about … workers’ expectations of average wages and about aggregate demand, the model predicts how the aggregate demand and supply …

performance. Thus high incomes reflect the high marginal productivity of labour of the affluent working population. While the … research gap by investigating the structure of high labour incomes in Germany. By revealing the determinants of high incomes by …

This study is to empirically investigate the effect of real wages on productivity in Malaysia using monthly data from … January 1983 to November 2009. The Johansen’s test suggests that wages and productivity are cointegrated. Moreover …, productivity and real wages have a quadratic relationship in the long run (i.e., inverse-U shape curve) instead of linear …