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The Wage Curve after the Great Recession
Blanchflower, David G.; Bryson, Alex; Spurling, Jackson - 2022
potential for wage-push inflation. However, real wages are falling rapidly at present and, prior to that, real wages had been …
Persistent link: https://www.econbiz.de/10014078744
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Economic Freedom in Slovenia
Steinbacher, Matej - 2008
Persistent link: https://www.econbiz.de/10012724062
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Globalisation and the decoupling of inflation from domestic labour costs
Kohlscheen, Emanuel; Moessner, Richhild - 2021
We provide novel systematic cross-country evidence that the link between domestic labour markets and CPI inflation has weakened considerably in advanced economies during recent decades. The central estimate is that the short-run pass-through from domestic labour cost changes to core CPI...
Persistent link: https://www.econbiz.de/10012612957
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Wages and International Rent Sharing in Multinational Firms
Budd, John W.; Konings, Jozef; Slaughter, Matthew J. - 2002
affiliate wages to parent profits per worker is approximately 0.03, which can explain over 20 percent of the observed variation … in affiliate wages. These results reveal a previously ignored aspect of labor-market rent sharing. They also reveal an …
Persistent link: https://www.econbiz.de/10010262687
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Wages and international rent sharing in multinational firms
Budd, John W.; Konings, Jozef; Slaughter, Matthew J. - 2002
affiliate wages to parent profits per worker is approximately 0.03, which can explain over 20 percent of the observed variation … in affiliate wages. These results reveal a previously ignored aspect of labor-market rent sharing. They also reveal an … conditions across national borders, and can thereby provide an implicit cross-country risk-sharing mechanism. -- wages ; profit …
Persistent link: https://www.econbiz.de/10001701401
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Wages and International Rent Sharing in Multinational Firms
Budd, John W.; Konings, Jozef; Slaughter, Matthew J. - 2021
affiliate wages to parent profits per worker is approximately 0.03, which can explain over 20 percent of the observed variation … in affiliate wages. These results reveal a previously ignored aspect of labor-market rent sharing. They also reveal an …
Persistent link: https://www.econbiz.de/10013320438
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Sectoral labor income share dynamics : cross-country evidence from a novel dataset
Oishi, Yoko; Paul, Saumik - 2018
Despite steady growth of the literature on labor income share, empirical studies are mostly limited to country-level analyses. At the sectoral level, data on labor income share are available only for advanced countries. This paper overcomes this constraint and provides some preliminary outcomes...
Persistent link: https://www.econbiz.de/10011904497
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Working Time Reduction, Labour Cost, Employment and Inequality - A Review
Gilles, Fabrice - 2008
Following an old economic literature dealing with work sharing, the aim of this paper is to review the theoretical effects on unemployment and inequality we may expect from a working time reduction (WTR). To do so, we begin considering labour demand models and we go through general equilibrium...
Persistent link: https://www.econbiz.de/10012725909
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Germany's labour market in Coronavirus distress : new challenges to safeguarding employment
Herzog-Stein, Alexander; Nüß, Patrick; Peede, Lennert; … - 2021
We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison to the Great Recession. Cyclical working-time reductions are again a major factor in safeguarding employment. Whereas during the Great Recession all working-time instruments...
Persistent link: https://www.econbiz.de/10012512274
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Crowdwork for young people: risks and opportunities
O'Higgins, Shane Niall; Caro, Luis Pinedo - 2021
on the reasons why young crowdworkers earn significantly higher hourly wages than their older counterparts. We show that …
Persistent link: https://www.econbiz.de/10012793115