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productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …In many OECD countries, low productivity growth has coincided with rising inequality. Widening wage and productivity … average across countries, changes in the dispersion of average wages between firms explain about half of the changes in …
Persistent link: https://www.econbiz.de/10012203325
productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …In many OECD countries, low productivity growth has coincided with rising inequality. Widening wage and productivity … average across countries, changes in the dispersion of average wages between firms explain about half of the changes in …
Persistent link: https://www.econbiz.de/10012312260
How far to go – and to remain – in the direction of highly expansionary monetary policy hinges on the balance of marginal benefits and costs of additional monetary easing and its expected evolution over time. This paper sketches a framework for assessing this balance and applies it to four...
Persistent link: https://www.econbiz.de/10010231107
, with potential global spillovers, as was already experienced in mid-2013 when the mere discussion of tapering unsettled … bond yield shock would not have large trade spillovers in the absence of crisis events in the United States or abroad, an … spillovers given their generally less liquid financial markets and, in some cases, weak fundamentals related to the banking …
Persistent link: https://www.econbiz.de/10010374407
spillovers to highincome countries. The results suggest that for each slowdown of 2 percentage points in EMEs, highincome …
Persistent link: https://www.econbiz.de/10010374413
Persistent link: https://www.econbiz.de/10003770022
Persistent link: https://www.econbiz.de/10003989341