The relationship between wages, prices, productivity, inflation, and unemployment in Italy, Poland, and the UK between …

Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is … not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters … to maintain their real wages by reducing labor demand still further. Furthermore, we argue inflationary pressures have …

the paper let me trace changes of the natural unemployment rate in Poland in the context of structural changes in the …The model of the wage bargaining constitutes a framework for calculation of the NAWRU in Poland. The approach used in … fiscal variables, the model is able to replicate high degree of the unemployment persistence …