Real Wages


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Real Wages

The wages that a person earns or that a company pays after adjusting for inflation. For example, if an employee makes $25,000 per year in both Year 1 and Year 2, but the inflation rate is 10%, that $25,000 is only worth 90% of its previous value ($22,500) in Year 2. This is good for the employer, but bad for the employee.
References in periodicals archive ?
Figures this week are <B expected to show that real wages are growing at their fastest rate for eight years
Some longer-term changes in the economy have likely played a larger role in depressing real wage growth.
and British households that are still heavily indebted - not least because they haven't seen real wages increase.
2014) we undertook an initial analysis of whether there may have been a structural shift in the evolution of real wages by studying whether one can garner evidence of a changing role of unemployment in explaining falling real wages.
Real wages have increased for all the 4 categories of regular wage workers
Disaggregated real wages may or may not have remained too high.
This is due to the decrease in output associated with either or both decreased effort or the labor force participation rate by workers accompanying the decrease in real wages in an expansion.
National economic outcomes were thought of as being generated by the balance between economy-wide average real wages and average productivity
The problem of models with only one type of nominal rigidity is that, even with long-duration (sixteen quarters) price or wage contracts, real wages are still flexible and cannot induce enough persistence of inflation.
With apologies to Gloria Steinem, however, women's influx into the wage labor force has less to do with feminist-inspired flight from the boredom of housework than a decline in real wages and the resulting need for women to contribute more extensively to household income.
Real wages at the outset of 2002 will be roughly equal to the level registered a year earlier.
In his evaluation of the Ashio riots Nimura argues convincingly that the demand for higher wages served as the principal cause of the riots and notes that the wage demand was spurred by a significant decline in miners' real wages relative to those of other workers at Ashio in the years leading up to this outburst.