What happens to real wages and wage inequality when a country opens to trade and begins to industrialize? China in the late nineteenth and early twentieth centuries provides an excellent case to explore this issue. However, studies on real wages and standards of living for China are scanty. ...
This is a very interest and useful piece. What I find important is that Chinese real wages are increasing despite the fact that China is leading the world in applying robotics to manufacturing [1][2]. Chinese workers are being replaced by robots [3], mostly by imported robots [4]. Howeve...
real wages of China's those two sectors.The results are: depreciation of RMB will increase employment of tradable sector significantly;but for employment of nontradable sector,there is no significant response to the change of real exchange rate;real wages in both sectors and the RMB real ...
Real wages refer to the purchasing power of the nominal wage, taking into account the impact of price levels on the actual value of income earned by an individual. AI generated definition based on: An Introduction to Wavelets and Other Filtering Methods in Finance and Economics, 2002 ...
These findings are consistent with theories of directed technical change, which claim that a rise in labor costs sparks the adoption of labor-saving innovations. They are also consistent with distributive theories whereby real wages keep apace of labor productivity growth, giving rise to long-run ...
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Dooley, M.D. Folkerts-Landau and P. Garber (2004), «A Map to the revisited Bretton Woods End Game: Direct Investment, Rising Real Wages and the Disposal of Excess Labor in the Periphery*, paper presented at the IMF conference, Madrid, April 2004. ...
1) real prices; real income; real wages.实际价格;实际收入;实际收入。2) real income 实际收入 1. It is discovered that the velocity of currency circulation in China is mainly affected by real income and that the income elasticity of cu. 本文在分析中国三个层次的货币流通呈下降特征的基础上 ...
The financial accelerator, wages, and optimal monetary policy I study the effects of labor market outcomes on firms' loan demand and credit intermediation. I first show in partial equilibrium that the presence of fric... JR Lothian 被引量: 0发表: 2024年 Survey of Research on Financial Sector...
a rise in real wages 青云英语翻译 请在下面的文本框内输入文字,然后点击开始翻译按钮进行翻译,如果您看不到结果,请重新翻译! 翻译结果1翻译结果2翻译结果3翻译结果4翻译结果5 翻译结果1复制译文编辑译文朗读译文返回顶部 实际工资上升 翻译结果2复制译文编辑译文朗读译文返回顶部...