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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 relationship between minimum wages and employment in the EU.
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…
The new EU directive requires those member states that have a statutory minimum wage to set it in relation to indicative reference values, such as a basket of goods and services…
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DOI: 10.1108/OXAN-DB272953
ISSN: 2633-304X
Keywords
Geographic
Topical
The government is under pressure to raise the minimum wage.
Wages and development in Mexico.
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DOI: 10.1108/OXAN-DB214016
ISSN: 2633-304X
Keywords
Geographic
Topical
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
Keywords
Geographic
Topical
The strike was prompted by unions' rejection of the 27% ceiling the government attempted to impose on wage rises. With this ceiling, real wages will suffer further given existing…