Home > Search Results: Krutina, Michael
Search:
Search Tips :: Advanced Search
Search collections:
Sort by: Display results: Output format:
National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
The Post - Lehman Brothers development of wages
 Krutina, Michael ; Chytilová, Helena (advisor) ; Janíčko, Martin (referee)
I have targeted to analyze the patterns of wage development in the changing macroeconomic conditions. According to the expectations the evolution of nominal and real wages is inter alia positively affected by the changes in labor productivity and negatively influenced by the deviation of unemployment rate from NAIRU. The evidence of procyclical behavior of real wages is not very robust as there was not found significant correlation in the time of decreasing real GDP. The most of results of the models applied on post Lehman Brothers period are consistent with the regressions based on complete data set. The chosen data proved to be not very suitable to show the extent of wage rigidity. The significant negative relationship between the development of real wages and changes in inflation rate implies the visibility of symptoms of wage rigidities even when we work with average macroeconomic variables.
Detailed record

See also: similar author names
1 Krutina, Miroslav
Interested in being notified about new results for this query?
Subscribe to the RSS feed.
Digital Repository :: Search :: Submit :: Personalize :: Help
Powered by Invenio v1.1.2
Maintained by admin.invenio@techlib.cz
This site is also available in the following languages:
Česky  English