Sentence examples for responsiveness of wages from inspiring English sources

They found " a low responsiveness of wages to regional economic conditions" in which nominal wages were less flexible than prices.

For Spain, the increased steepness seems to reflect changes in the service sector, whereas in the industrial sector since the crisis, the responsiveness of wages has stopped declining.

By impacting the degree of wage rigidity, the type of job contracts (indefinite or fixed term) may therefore affect the responsiveness of wages and employment to immigration.

It is, of course, possible that the specific conditions prevailing then could have affected the responsiveness of wages to our various explanatory variables.

By affecting the responsiveness of wages to economic shocks, the institutional context (such as high minimum wages, generous unemployment benefits, strict employment protection, and powerful labor unions) should mitigate any downward wage adjustment following immigration.

An interesting extension would be to compare the responsiveness of wages to the EITC and unemployment benefits in Sweden with the responsiveness in countries with such mimimum wage legislation.

The extent of success in reducing both inflation and unemployment will depend strongly on the short-run responsiveness of wage inflation to unemployment and excess capacity.

Both figures confirm that the responsiveness of wage dynamics to the unemployment rate has changed since the pre-crisis period.

For Italy, there is evidence of increased responsiveness of wage growth to the unemployment rate in both industry and services.

Episodes of large and negative output gaps are associated with an increased need to improve the responsiveness of wage setting to the labour market slack and to re-train and re-qualify the long-term unemployed and re-integrate into the labour force those that have dropped out of the labour force.

As Keane (2011) concludes, however, there exists a controversy over the responsiveness of labor supply to changes in wages and taxes: even though (at least for males) most economists believe labor supply elasticities are small, a considerable minority of studies finds large values.