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This paper studies the cyclicality of aggregate real wages in Japan. By using both static and dynamic approaches, I measure comovements between real wages and business cycle indicators. This paper finds that while real wages constructed using the consumer price index and the GDP deflator are...
Persistent link: https://www.econbiz.de/10011263445
This paper studies the cyclicality of aggregate real wages in Japan. By using both static and dynamic approaches, I measure comovements between real wages and business cycle indicators. This paper finds that while real wages constructed using the consumer price index and the GDP deflator are...
Persistent link: https://www.econbiz.de/10011082492
In a path-breaking but largely overlooked study, published in a festchrift thirty years ago (1975), Herman Van der Wee provided a comparison of prices and real wages of building craftsmen in the regions of Antwerp and south-eastern England, from 1400 to 1700. To do so, he constructed a composite...
Persistent link: https://www.econbiz.de/10005704755
This article provides new insights into the cyclical behavior of consumer and producer real wages in the USA and Germany. We apply two methods for the estimation of the cyclical components from the data: the approach based on the structural time series models and the ARIMA-model-based approach...
Persistent link: https://www.econbiz.de/10010982038
"So far little empirical evidence exists on how real wages of newly hired workers react to business cycle conditions. This paper aims at filling this gap for Germany by analyzing the cyclical behavior of real wages of newly hired workers while controlling for 'cyclical upgrading' and 'cyclical...
Persistent link: https://www.econbiz.de/10010641641
"So far little empirical evidence exists on how real wages of newly hired workers react to business cycle conditions. This paper aims at filling this gap for Germany by analyzing the cyclical behavior of real wages of newly hired workers while controlling for 'cyclical upgrading' and 'cyclical...
Persistent link: https://www.econbiz.de/10010592484
Persistent link: https://www.econbiz.de/10005037328
French wage share in value-added has experienced important fluctuations for three decades. Nevertheless, recent studies have underlined that the usual indicator of wage share, by estimating labour remuneration of self-employed workers very badly, overestimates the French wage share decrease...
Persistent link: https://www.econbiz.de/10008478501
The article presents the underlying principles, derivation and properties of a simple descriptive measure of concordance between two analogous rank structures that we call the coefficient of structural concordance. It is based upon the idea of Kendall’s coefficient of concordance, which we...
Persistent link: https://www.econbiz.de/10008674262
"Using administrative linked employer-employee data from Germany, this paper analyses the real wage growth and career patterns of full-time employed low-wage workers between 2001 and 2006. Multivariate models accounting for sample selection demonstrate the relevance of individual characteristics...
Persistent link: https://www.econbiz.de/10010592284