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Der Zusammenhang zwischen Lohn- und Beschäftigungsentwicklung ist eine theoretisch umstrittene Frage. Die verschiedenen …
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This paper analyzes earnings inequality and earnings dynamics in Sweden over 1985-2016. The deep recession in the early 1990s marks a historic turning point with a massive increase in earnings inequality and earnings volatility, and the impact of the recession and the recovery from it lasted for...
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Increasing evidence shows that in the aftermath of the global financial crisis, in the euro area, the relationship between price inflation and economic slack became stronger. Instead, there is no clear evidence of a strong(er) relationship between wage inflation and unemployment. In this paper,...
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determinants of real wages for Estonia between 2006Q3 and 2022Q3 and Latvia between 2004Q1 and 2022Q3. The lagged dependent … variable exerts the most considerable impact on real wages, i.e., real wages in the preceding quarter. We find that … the Estonian model, real productivity has a relatively stronger impact than unemployment in explaining real wages. In both …
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