Showing 221 - 230 of 98,675
We recover the persistent ("core") component of nominal wage growth over the past twenty-five years in the United States. Our approach combines worker-level data with time-series smoothing methods and can disentangle the common persistence of wage inflation from the persistence specific to some...
Persistent link: https://www.econbiz.de/10014313997
This paper studies the drivers of wage growth in Lithuania over the period 2008-2020. Using administrative data as well as aggregate measures reflecting the state of the economy, we estimate an extended version of a wage Phillips curve. Our reduced-form estimates indicate that nominal wage...
Persistent link: https://www.econbiz.de/10014443313
Persistent link: https://www.econbiz.de/10014444407
Persistent link: https://www.econbiz.de/10013375122
Persistent link: https://www.econbiz.de/10014521224
This paper shows that it is possible to estimate the importance of different types of wage contracts at the aggregate level using the same data used to estimate standard Phillips curves. It finds that the behavior of the Chilean private aggregate wage during the 1980s is well described by...
Persistent link: https://www.econbiz.de/10014400815
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
In this paper we test the hypothesis of a wage curve against a Phillips curve for Spain within a framework which allos for these both and more general alternatives. To this end, we use data from the European Community Household Panel, which provides micro-information for the period 1994-2001....
Persistent link: https://www.econbiz.de/10011544699
Persistent link: https://www.econbiz.de/10000143042
Persistent link: https://www.econbiz.de/10003482592