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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.
The administration of President Andres Manuel Lopez Obrador (AMLO) has been among the more generous, viewing minimum wage increases as a way to boost the incomes of the poor…
Due to take effect on May 1, it would introduce a single wage floor set at 20.0 rand (1.5 dollars) per hour. The NMW is a significant departure from current minimum wage…
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DOI: 10.1108/OXAN-DB225771
ISSN: 2633-304X
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The time may be right to move on from what was designed to combat deflation, and attention is being given to wages for guidance. However, rising prices are not feeding through…
Reflecting this, US pay rises were the highest in more than 20 years, and euro-area pay rises the highest in more than 25 years. Broader measures of compensation were more…
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DOI: 10.1108/OXAN-DB267659
ISSN: 2633-304X
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Many employees in sectors experiencing labour shortages are able to negotiate higher pay. Central banks are stepping up the pace of monetary policy tightening, both to slow down…
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DOI: 10.1108/OXAN-DB271321
ISSN: 2633-304X
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Behind this workforce expansion is higher immigration that has allowed considerably more new jobs without raising real wages. Immigration explains some of the strength in…
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DOI: 10.1108/OXAN-DB286716
ISSN: 2633-304X
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China's economic growth prospects.
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DOI: 10.1108/OXAN-DB209683
ISSN: 2633-304X
Keywords
Geographic
Topical
Trends in wages growth.