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Changes in household structures and employment patterns alter the balance between households with an above- versus a below-average poverty risk while also affecting relative income poverty thresholds. Examining eleven countries for which suitable microdata is available from the Luxembourg Income...
Persistent link: https://www.econbiz.de/10014454773
Nominal wage growth in Denmark has so far been modest and outpaced by high inflation, putting real wage growth in negative territory. Amid still-tight labor markets, this has raised concerns about wage pressures going forward and the eventual impact on inflation. The analysis suggests that wage...
Persistent link: https://www.econbiz.de/10015059224
This Selected Issues paper analyzes wage and inflation dynamics in Denmark. High profit margins contributed to growth in the gross domestic product deflator. Historical evidence suggests that the contribution from wages to price deflators will likely pick up. Nominal wage growth in Denmark has...
Persistent link: https://www.econbiz.de/10015059310
The 2023 Article IV Consultation discusses that the Danish economy recovered strongly from the pandemic. Economic activity is set to soften in the first half of 2023, followed by a gradual recovery. Denmark's recovery from the pandemic was impressive, but strong output and employment growth has...
Persistent link: https://www.econbiz.de/10015059311
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The strength of the economic recovery bodes well for the rebound in activity to persist, but uncertainty remains high due to the war in Ukraine and the pandemic, with risks tilted to the downside. With employment above pre-pandemic levels, however, labor market pressures have increased. High...
Persistent link: https://www.econbiz.de/10015060358