In this paper the issue of causality between wages and prices in R. Macedonia has been tested. OLS relationship between … prices and wages is positive; productivity is not significant in determination of prices or wages too. Engle-Granger test …

We show that a "competing claims" model of imperfect competition can explain the movements of wages and prices in the …

term horizon and its dynamic interaction with other key macroeconomic variables such as interest rate, inflation, trade gap … adverse impact on interest rate, output, inflation and trade balance in the medium to long run. The passive evolution of … to acceleration in the investment rate in the economy, it also facilitates monetary management by moderating inflation …

This paper reviews the existing empirical evidence on the short term impact on prices of fiscal variables and assesses … Commission and the OECD models. Overall, a broad consensus appears on the impact on prices of changes in individual government … limited impact on prices in the first year while, in contrast, changes in indirect taxes and employers' social security …

adverse shocks by cutting basic wages or using alternative ways of reducing labour costs per employee. Certainly in large … firms, costs are reduced mainly via the employment channel, i.e. by reducing the number of primarily permanent staff, and to … a lesser extent temporary workers. Reductions in non-wage costs are also important, while variable pay components are …

The study aims to assess the impact of rising prices of rice and fuel on poverty in the Philippines. In particular, the … study confirm that the impact of increasing prices of rice and fuel vary across different groups of households depending on … from the recent increases in the prices of rice and fuel. In response to higher prices, households adopted different coping …