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We investigate the cyclicality of real wages and income using individual data for the UK over the 1991-2008 period. By … top of the distribution are more cyclical than lower ones. Moreover, the estimated cyclicality is considerably higher in … recessions than in expansions for top-incomes. We also show that real wages and income are roughly acyclical for low wage and …
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This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...
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before and after the January 1992 price liberalization is analyzed here, as are the associated movements of wages and overall …
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. Data for the wages from 9 different sectors which includes Mining and Quarrying, Manufacturing, Electric Gas and Water … compare the wages of the outlined sectors with the wage structure of agriculture sector. The Split technique for means has … been deployed to interrogate the data and the propositions of this research. It is revealed in this paper that wages of all …
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