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This occurs in part because individual income itself is quite sensitive to changes in the level of overall economic activity.
For example, changes in the number of people employed correspond pretty well to changes in the level of joblessness.
He and Professor Hoxby examine the effects of two different trends: changes in the ratio of male and female pay across all professions and changes in the level of unionization among teachers.
By that I mean talks that could produce a ceasefire — talks that could produce changes in the level of the violence in the war, create space for a more political approach.
So I measure changes in the level of well-being of consumers by tracking final consumption.
Therefore, changes in the level of noise must be estimated when many models are combined together.
Mr Farrell also criticised forthcoming changes in the level of state pensions.
It's the changes in the level of employment that are going to lead the market.
This led to significant changes in the level and size of prescriptions and illustrates the importance of financial incentives.
The changes in the level of the income of a company can be modeled by using stochastic difference equations.
4 Here we assume that wages do not adjust automatically with changes in the level of productivity.
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