This paper documents that, at the aggregate level, (i) real wages are positively correlated with output and, on average …, lag output by about one quarter in emerging markets, while there are no systematic patterns in developed economies, (ii …) real wage volatility (relative to output volatility) is about twice as high in emerging markets compared with developed …

This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the … period from 1988 to 2008. Even if we fail to find a long-run relationship between aggregate output and total employment …, there are long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels …

This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the … period 1988-2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are … long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels for seven …

employment, wages, and productivity. Evidence generally shows these forces to be offsetting, usually resulting in small … employment and earnings effects and sometimes in large, positive effects on productivity and scale. Foreign ownership usually has …

This paper analyses the phenomenon of jobless growth in India and the US through the lens of employment elasticity …. Analytical results are derived for decompositions of both the level and change of aggregate employment elasticity in terms of … sectoral elasticities, relative growth and employment shares. Estimates of these decompositions are presented with employment …