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year and the NMW shapes the timing of industry-level wage bargaining. Inflation but also changes in past aggregate wage … macro variables are 0.6, 0.4 and 0.3 respectively. Inflation and the NMW have both decreasing but positive effects all along …
Persistent link: https://www.econbiz.de/10011913448
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Prices in Russia have been decontrolled in several steps since early 1991, after decades of near-fixity. Their behavior …
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Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2012 as part of the 150th Birth Aniversary Celebrations of Mahanama Pandit Madan Mohan Malviya].
Persistent link: https://www.econbiz.de/10011133200
We examine the effect of the minimum wage on restaurant prices. We contribute to both the study of economic impact of … flexible (S; s) rule. We find a positive and significant impact of the minimum wage on prices. The effect of the minimum wage … on prices is however very protracted. The aggregate impact estimated with our model takes more than a year to fully pass …
Persistent link: https://www.econbiz.de/10010269191
, employment responses vary across recessions. In the low-inflation recession of 2009, job losses are highly persistent and … entirely driven by workers with pre-recession wages close to the minimum wage floors while in the high inflation recession of …
Persistent link: https://www.econbiz.de/10013471360
system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the …
Persistent link: https://www.econbiz.de/10005590924
In this research paper ARCH-type models are applied in order to estimate the Value-at-Risk (VaR) of an inflation …-index futures portfolio for several time-horizons. The empirical analysis is carried out for Mexican inflation-indexed futures … time horizons. These results have implications for short-term inflation forecasts. By estimating confidence intervals in …
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