LONDON, Feb. 15 (Xinhua) -- Even with job vacancies rising to a new high in Britain, real earnings fell as wage growth lagged behind soaring inflation, the country's Office for National Statistics said on Tuesday. In the final quarter of 2021, growth in average total pay (including bonuse...
And yet by the end of his time in office, as the growth rate of the economy slowed significantly and wage growth outpaced productivity growth, the standard of living still lagged far behind that in the major Western industrialized countries....
Using the lagged value is to ensure that MW changes always precede potential mobility responses.37 X′i,t denotes a vector of time-varying covariates at the regional level. It includes the covariates presented earlier. All covariates are likewise expressed in logarithmic terms and lagged by one ...
Fixed effects and random effects: explanatory variables are lagged 1 year. GMM: The residuals and the L(2) residuals have no observations in common. The AR(2) is trivially zero. From OLS estimations we find no significant relationship between the age structure and labour productivity but a sig...
LONDON, Feb. 15 (Xinhua) -- Even with job vacancies rising to a new high in Britain, real earnings fell as wage growth lagged behind soaring inflation, the country's Office for National Statistics said on Tuesday. In the final quarter of 2021, growth in average total pay (including bonuse...