Inflation, Wage Behaviour and Labor Mobility

Wage effects of labor migration with international capital mobility

This paper investigates short-run wage effects of immigration in a setting with international capital mobility. The latter eliminates two thirds of the native wage effects of immigration. Without international capital mobility, overall gains from migration in the immigration region are only a small fraction of total losses to native workers; with perfect international capital mobility overall g...

Individual Wage Mobility Individual Wage Mobility

This paper identifies some of the determinants of individual mobility in the wage distribution over time. The proposed model takes attrition as well as the decile of origin into account unlike all other used models to describe the wage mobility. A simpel probit analysis is compared with the more sofisticated method used in this paper. Even though the wage distribution in Denmark has been nearly...

Does Wage Inflation Cause Price Inflation?

does minimum wage cause inflation?

this paper reviews the relationship between inflation rate and minimum wage in iran’s economy over the 1969-2005. according to the economic literature, there is a narrow relationship between inflation rate and minimum wage. some economists believe in increased inflation due to minimum wage. the other group of economists considers the increased inflation as a cause for increasing minimum wage. t...

Educational Attainment, Unemployment, and Wage Inflation

The U.S. labor force has undergone significant changes during the past several decades. Compared to 30 years ago, the average worker today is older, more likely to be female, and more educated. A key question for macroeconomic forecasters and policymakers is whether and to what extent these changes have influenced the values and patterns of key aggregate measures of economic performance such as...