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significant relationship between real wages and labor productivity, as well as evidence of wage pass-through to inflation. Terms … of trade shocks do not feed through to real wages. Country-specific wage developments, beyond differences in labor …
Persistent link: https://www.econbiz.de/10005605266
As the process of population ageing in Europe carries on and the retirement age increases, the relationship between age … costs of ageing in the near future. In this paper, one tries to examine this hypothesis. The research strategy in this study … has been based on the assumption that, in general, wages are correlated with productivity on the individual level and, as …
Persistent link: https://www.econbiz.de/10008633105
In this chapter, Tony Fisher and Doug Hostland provide an historical perspective on trends in labour productivity, labour income and living standards in Canada. They find that, once the appropriate adjustments are made, the labour share and the non-labour share (composed of profits, interest and...
Persistent link: https://www.econbiz.de/10005481819
In this chapter, Andrew Sharpe provides a comprehensive non-technical introduction to the productivity issue, including discussion of productivity concepts, measurement issues, trends and prospects. He begins by noting that productivity is the relationship between the output of goods and...
Persistent link: https://www.econbiz.de/10005650208
Covers trend from 1990 to 1998.
Persistent link: https://www.econbiz.de/10010965742
Reviews Chinese labour market developments during the 1980s and 1990s and proposes policy directions to help accelerate the creation of new jobs.
Persistent link: https://www.econbiz.de/10010966934
Based on a 1988 survey of 2,682 manufacturing firms. Examines the impact of trade unionism on the labour market, comparing the effect of company unions and industrial unions.
Persistent link: https://www.econbiz.de/10010967566
Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China, India and the former Eastern bloc into the world trading system, the removal of restrictions on trade and capital flows, and rapid technological progress. At the same time, the...
Persistent link: https://www.econbiz.de/10005768889
Netherlands and Germany. Wages keeping pace with increasing seniority is not economically problematic if this reflects a higher …
Persistent link: https://www.econbiz.de/10011272828
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key constraints to growth suggested by cross-country competitiveness studies. Bulgaria’s GDP has grown substantially since economic and financial stabilization in 1997. The global...
Persistent link: https://www.econbiz.de/10011245618