Positive Wage Growth
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A Positive Wage Growth is a wage growth that is a positive growth.
- …
- Counter-Example(s):
- See: Positive GDP Growth.
References
2012
- (Mincer, 2012) ⇒ Jacob Mincer. (2012). “Wage Changes in Job Changes." Research in Labor Economics, 35. ISBN: 978-1-78190-218-9
- QUOTE: … In words, wage inflation depends positively on expected one period ahead wage inflation and negatively on the … their desired level, workers that have a chance to reset their wage will tend to adjust it upward (downward), thus generating positive (negative) wage inflation. …