Sentences with phrase «highest nominal wages»

Although San Francisco tech workers have the highest nominal wages in the country ($ 134K annually), the study found that tech workers from nine other US cities are actually «better off.»

Not exact matches

But Japanese firms are highly capital - intensive, and «upward pressure on wages is also associated with a stronger demand environment and higher nominal GDP growth and, hence, revenue growth,» says Yamaguchi.

Because nominal wage growth for a large fraction of workers has been held to zero, a somewhat higher rate of inflation would grease the wheels of the labor market by allowing real wages to fall (Akerlof, Dickens, and Perry 1996).

Reflation is alive and well according to our definition: rising wages (albeit slowly this cycle) feeding stronger nominal growth, allowing lingering slack from the last recession to be gradually eliminated, stirring higher inflation over time.

This can happen one of three ways: through Greek nominal wage cuts (which the Greeks can't accept), through high Eurozone inflation and stable Greek nominal wages (which the Germans won't accept), or through Greece getting control over its own currency, which will depreciate considerably relative to the Euro.

Reflation is alive and well according to our definition: rising wages (albeit slowly this cycle) feeding stronger nominal growth, allowing lingering slack from the last recession to be gradually eliminated, stirring higher inflation over time.