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Real wages

Index Real wages

Real wages are wages adjusted for inflation, or, equivalently, wages in terms of the amount of goods and services that can be bought. [1]

31 relations: Belgium, Capital (economics), Consumption (economics), Corporate title, Cost of living, Developed country, Economic Policy Institute, European integration, Federal Reserve Bank of Dallas, Financial crisis of 2007–2008, France, Full employment, Germany, Globalization, Greece, Gross domestic product, Inflation, Interest, International Labour Organization, Italy, Latin America, Middle-class squeeze, OECD, Productivity, Real versus nominal value (economics), Relative price, The Atlantic, The Guardian, Trade union, United Kingdom, Workforce.

Belgium

Belgium, officially the Kingdom of Belgium, is a country in Western Europe bordered by France, the Netherlands, Germany and Luxembourg.

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Capital (economics)

In economics, capital consists of an asset that can enhance one's power to perform economically useful work.

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Consumption (economics)

Consumption is the process in which consumers (customers or buyers) purchase items on the market.

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Corporate title

Corporate titles or business titles are given to company and organization officials to show what duties and responsibilities they have in the organization.

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Cost of living

Cost of living is the cost of maintaining a certain standard of living.

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Developed country

A developed country, industrialized country, more developed country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations.

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Economic Policy Institute

The Economic Policy Institute is a 501(c)(3) non-profit American think tank based in Washington, D.C. that carries out economic research and analyzes the economic impact of policies and proposals.

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European integration

European integration is the process of industrial, political, legal, economic, social and cultural integration of states wholly or partially in Europe.

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Federal Reserve Bank of Dallas

The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico, a district sometimes referred to as the Oil Patch.

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Financial crisis of 2007–2008

The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.

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France

France, officially the French Republic (République française), is a sovereign state whose territory consists of metropolitan France in Western Europe, as well as several overseas regions and territories.

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Full employment

Full employment means that everyone who wants a job have all the hours of work they need on "fair wages".

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Germany

Germany (Deutschland), officially the Federal Republic of Germany (Bundesrepublik Deutschland), is a sovereign state in central-western Europe.

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Globalization

Globalization or globalisation is the process of interaction and integration between people, companies, and governments worldwide.

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Greece

No description.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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Interest

Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (i.e., the amount borrowed), at a particular rate.

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International Labour Organization

The International Labour Organization (ILO) is a United Nations agency dealing with labour problems, particularly international labour standards, social protection, and work opportunities for all.

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Italy

Italy (Italia), officially the Italian Republic (Repubblica Italiana), is a sovereign state in Europe.

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Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Spanish, French and Portuguese are spoken; it is broader than the terms Ibero-America or Hispanic America.

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Middle-class squeeze

The middle-class squeeze is the situation where increases in wages fail to keep up with inflation for middle-income earners leading to a relative decline in real wages, while at the same time, the phenomenon fails to have a similar effect on the top wage earners.

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OECD

The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.

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Productivity

Productivity describes various measures of the efficiency of production.

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Real versus nominal value (economics)

In economics, a real value of a good or other entity has been adjusted for inflation, enabling comparison of quantities as if prices had not changed.

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Relative price

A relative price is the price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices.

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The Atlantic

The Atlantic is an American magazine and multi-platform publisher, founded in 1857 as The Atlantic Monthly in Boston, Massachusetts.

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The Guardian

The Guardian is a British daily newspaper.

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Trade union

A trade union or trades union, also called a labour union (Canada) or labor union (US), is an organization of workers who have come together to achieve many common goals; such as protecting the integrity of its trade, improving safety standards, and attaining better wages, benefits (such as vacation, health care, and retirement), and working conditions through the increased bargaining power wielded by the creation of a monopoly of the workers.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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Workforce

The workforce or labour force (labor force in American English; see spelling differences) is the labour pool in employment.

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Redirects here:

Real wage, Wage inflation.

References

[1] https://en.wikipedia.org/wiki/Real_wages

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