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来源类型Working Paper
规范类型报告
DOI10.3386/w6039
来源IDWorking Paper 6039
Wage Dispersion and Country Price Levels
Robert E. Lipsey; Birgitta Swedenborg
发表日期1997-05-01
出版年1997
语种英语
摘要The purpose of this paper was to investigate whether there is a relationship between the degree of wage dispersion in a country and its price level relative to other countries, compared in a common currency. It was found that once a country's real per capita income and deviations of its exchange rate from its trend value are allowed for, there is a pervasive relationship between wage dispersion and prices. Low wage dispersion, defined as a relatively small difference between the median wage and that of the lowest paid decile of workers, is associated with high price levels. The relationship applies more frequently to service prices than to goods prices, but where it does apply, the effects of wage dispersion are as large for goods as for services.
主题Macroeconomics ; Business Cycles ; International Economics ; International Finance
URLhttps://www.nber.org/papers/w6039
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/563544
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GB/T 7714
Robert E. Lipsey,Birgitta Swedenborg. Wage Dispersion and Country Price Levels. 1997.
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