The Resource Price and Wage Flexibility in Hong Kong SAR, prepared by Si Guo, (electronic resource)

Price and Wage Flexibility in Hong Kong SAR, prepared by Si Guo, (electronic resource)

Label
Price and Wage Flexibility in Hong Kong SAR
Title
Price and Wage Flexibility in Hong Kong SAR
Statement of responsibility
prepared by Si Guo
Creator
Contributor
Subject
Language
eng
Summary
"The paper assesses the price and wage flexibility in Hong Kong SAR. At the aggregate level, it compares Hong Kong SAR with the United States, the United Kingdom and Singapore by examining the three commonly used macroeconomic relationships among inflation, unemployment, wage growth, and output fluctuations. At the industry level, the paper compares the distributions of labor earnings and price growth in Hong Kong SAR and the United States. It further estimates a model of wage formation under downward nominal wage rigidity to compare the extent of wage rigidity in Hong Kong SAR and the United States. Overall, the comparisons show that broadly speaking, price and wage adjustments are more flexible in Hong Kong SAR than other economies."--Abstract
Member of
Cataloging source
SIMAS
Dewey number
331.294109047
Index
no index present
LC call number
HD5017
Literary form
non fiction
Nature of contents
dictionaries
Series statement
IMF working paper
Series volume
WP17/9
Label
Price and Wage Flexibility in Hong Kong SAR, prepared by Si Guo, (electronic resource)
Publication
Note
"January 2017."
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Cover; Contents; I. Introduction; II. Aggregate Evidence; A. Inflation vs. Output Fluctuations; B. Labor Earnings Growth vs. Unemployment; C. Unemployment vs. Output Fluctuations; III. Industry Level Evidence-Labor Earnings; A. Histograms and Skewness; B. Estimating Downward Rigidity; C. Consumer Prices; IV. Conclusion; References; Figures; 1. Inflation and Output Gap; 2. Labor Earnings Growth and Inflation; 3. Labor Earnings Growth and Unemployment Gap; 4. Unemployment Gap and Output Gap; 5. Distributions of Labor Earnings Growth; 6. Distribution of Inflation; Tables
  • 1. Distribution1 of Earnings Growth: Skewness2. Estimation Results; 3. Distribution of Price Changes (All Items): Skewness; 4. Distribution of Price Changes (Service Goods only): Skewness; Appendix: Data Used in Estimating the Model with Downward Wage Rigidity
Control code
ocn970015157
Dimensions
unknown
Extent
1 online resource (19 pages)
Form of item
online
Isbn
9781475570434
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b36596048
Specific material designation
remote
System control number
  • (OCoLC)970015157
  • pebc1475570430

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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