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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
China's economic growth prospects.
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DOI: 10.1108/OXAN-DB209683
ISSN: 2633-304X
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The budget was the first Conservative-only budget since 1996. Driven by political as much as economic considerations, it aimed at entrenching the Conservatives in the political…
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DOI: 10.1108/OXAN-DB200888
ISSN: 2633-304X
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Real wages are now falling at a record pace and the economy is close to recession. While some of the determining factors of the current low-growth, high-inflation environment are…
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DOI: 10.1108/OXAN-DB272870
ISSN: 2633-304X
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Disinflation is underway on both sides of the North Atlantic, but it is not yet deeply entrenched, giving both central banks a reason to delay cuts. The ECB must contend with…
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DOI: 10.1108/OXAN-DB285238
ISSN: 2633-304X
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The jobless rate is expected to stay unchanged at 4.9%, its lowest level since November 2007. This decline occurred despite a rebound in the participation rate, up 0.5 percentage…
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DOI: 10.1108/OXAN-DB210237
ISSN: 2633-304X
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One of the more troubling features of the economic recovery, for workers and politicians alike, is lagging wage growth. This could indicate a substantial shift in the US economy…
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DOI: 10.1108/OXAN-DB198439
ISSN: 2633-304X
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US employment and wage pressures.
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DOI: 10.1108/OXAN-DB232147
ISSN: 2633-304X
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Inequality in China.
Despite fears of a recession, the US economy continues to add jobs and employers report difficulties attracting and retaining workers. Wage growth is decelerating fitfully…