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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 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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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…
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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Planned pay increases in Egypt.
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DOI: 10.1108/OXAN-DB244007
ISSN: 2633-304X
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Near-stagnation in wages is difficult to reconcile with reports of a very tight labour market in which firms struggle to hire. The answer lies partly in much higher levels of…
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DOI: 10.1108/OXAN-DB285105
ISSN: 2633-304X
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Geographic
Topical
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…