Sentence examples for determination of wages from inspiring English sources
This idea was developed to a considerable extent by John Davidson, who proposed in The Bargain Theory of Wages (1898) that the determination of wages is an extremely complicated process involving numerous influences that interact to establish the relative bargaining strength of the parties.
Finally, human capital and labor effort are assumed to be strong complements in the determination of wages.
We survey efforts to use behavioral economics to improve some of the underpinnings of the New Keynesian model specifically, consumption, the formation of expectations and determination of wages and employment that underlie aggregate supply, and the possibility of multiple equilibria and asset price bubbles.
Consequently multiple receipts are understated, for example, 80% of CH recipients also receive Income Support. 10 The specification for the determination of wages is log w i h = Z i h γ h + e i h where h stands for part time (both higher and lower) and full time work.
Regarding prices, the main finding is, once more, that strong real wage rigidities, arising from the determination of nominal wages and consumer prices, are present both in expansions and in recessions.
In the determination of hourly wages, years of experience became important for males but not for females.
Wage flexibility is the determination of pay levels based on demand and the individual costs of employment, rather than on a collective basis.
We will decompose the wage differential in the next section to uncover the role the different indicators of human capital play in the determination of rural urban wage differentials.
Some argue, for instance, that the first intimations of American determination to wage war in Iraq came from a Bilderberg gathering in 2002.
Our analysis also points to several extensions that may help in explaining other features of the data, including the joint determination of hours and wages.
Or was she caught up in a broader program aimed at monitoring overseas politicians at a time when many of them were critical of the Bush Administration's determination to wage war in Iraq?
