Showing 1 - 10 of 10,751
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 …
Persistent link: https://www.econbiz.de/10011251791
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...
Persistent link: https://www.econbiz.de/10005590857
before and after the January 1992 price liberalization is analyzed here, as are the associated movements of wages and overall …
Persistent link: https://www.econbiz.de/10005605004
. 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 …
Persistent link: https://www.econbiz.de/10011111564
Shows that since the late 1970s wage distribution is shifting downhill and becoming more skewed, with a proliferation of low-income employment.
Persistent link: https://www.econbiz.de/10010967143
This paper presents a simple framework that illustrates the link between skill-based wage differentiation and human capital acquisition given skill-biased technical progress. The analysis points to the economic costs resulting from labor market and income redistribution policies that prevent the...
Persistent link: https://www.econbiz.de/10005264106
There is growing concern in Europe over the impact of globalization on high and evenly shared living standards. These concerns have often surfaced in response to falling labor income shares in aggregate national income data. However, these data may tell little about the underlying distribution...
Persistent link: https://www.econbiz.de/10005769241
use of minimum wage to protect vulnerable groups of low income workers, to determine ' fair' wages, to set a basic floor …
Persistent link: https://www.econbiz.de/10010690144
effects. Therefore, a cross‐sectional estimation with observations on district level (NUTS 3) is carried out in a mediated … Einkommensverteilung in der Region. Abhängig von der unterschiedlichen Mobilität Beschäftigter verschiedener Bereiche steht die regionale …‐ökonomische Daten zur regionalen Produktivität, Einkommensverteilung und Bevölkerungsentwicklung. …
Persistent link: https://www.econbiz.de/10010985849
The focus of this investigation is on the cyclical response of the real wage to demand shocks. This response differentiates the empirical validity of major New Keynesian explanations of business cycles. The empirical evidence, across industrial countries, highlights a moderate positive...
Persistent link: https://www.econbiz.de/10008568382