Negative Wage Growth

A Negative Wage Growth is a wage growth that is a negative growth.

• • …
• Counter-Example(s):
  • a Positive Wage Growth.
  • a Stagnant Wage Growth.
• See: Negative GDP Growth.

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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. …

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