Real Wages

Some articles on real wages, wages, real, wage:

Phillips Curve - Theoretical Questions
... are fooled into accepting lower pay because they do not see the fall in real wages right away ... higher profits for given nominal wages ... Eventually, workers discover that real wages have fallen, so they push for higher money wages ...
Thomas Malthus - An Essay On The Principle of Population - Demographics, Wages, and Inflation
... of the relationship between population, real wages, and inflation ... When the population of laborers grows faster than the production of food, real wages fall because the growing population causes the cost of living (i.e ... reduce the rate of population growth, until the falling population again leads to higher real wages "A circumstance which has, perhaps, more than any other, contributed to ...
Shock Therapy (economics) - History - Chile 1975 - Background
... Between 1967 and 1970, real GDP per capita had grown only 1.2 percent per annum, a rate significantly below the Latin American average ... economic transformations, including a program of nationalization increasing real wages reducing inflation spurring economic growth increasing consumption, especially by poorer people and ... that if income were redistributed toward the poorer groups through wage increases and if prices were properly controlled, demand and output would expand significantly ...
Standard Of Living In Japan - Overview
... The wage gap between the two groups was considerably reduced, bonuses were established and raised for blue-collar workers, welfare facilities were made ... unions (which engaged each year in a “spring offensive” to settle wages and bonuses) helped the bulk of the Japanese population to a share in the affluence brought by the ... Real wages in manufacturing were nearly 50% higher in 196o than they had been in 1934-36 (which was taken to be the prewar norm) ...
Real Wage
... The term real wages refers to wages that have been adjusted for inflation ... This term is used in contrast to nominal wages or unadjusted wages ... Real wages provide a clearer representation of an individual's wages, but suffer the disadvantage of not being well defined, since the amount of inflation, based on different goods and services ...

Famous quotes containing the words wages and/or real:

    I thought a minute, and says to myself, hold on,—s’pose you’d a done right and give Jim up; would you felt better than what you do now? No, says I, I’d feel bad—I’d feel just the same way I do now. Well, then, says I, what’s the use you learning to do right, when it’s troublesome to do right and ain’t no trouble to do wrong, and the wages is just the same?
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)

    The only real ill-doing is the deprivation of knowledge.
    Plato (c. 427–347 B.C.)