-series data for 21 EU countries from year 1998 to 2007 from various data resources. We provide strong evidence that the price gap … share of ad valorem tax in total excise tax leads to about a 4 to 5 percent increase in the price gap, with a smaller impact …

through their various impacts on changes in production prices and wages. In a first stage, the estimation of a regression … average of industrial prices from other industries, and by indicators of country wages weighted by industry labour shares for …

antebellum fluctuations were more apparent than real; nominal wages, not labor quantities, did most of the adjusting. We analyze … data on real wages for laborers, artisans, and clerks across four regions (Northeast, North Central, South Atlantic, and … South Central) during 1821 to 1856. Various time-series econometric methods reveal that shocks to real wages persisted even …

nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The …In this paper, I investigate US post war price, wage and employment dynamics by identifying and estimating a price and … a wage equation. I reach the following two main conclusions: Nominal wages adjust faster to prices than prices do to …

This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries … between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed …

This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits … bonus of extra output as a result of a uniquely vertical European aggregate supply curve. The analysis of real wages also …