Prethodno priopćenje
REAL WAGES IN THE MANUFACTURING INDUSTRY IN MACEDONIA: THE ROLE OF MACROECONOMIC FACTORS, WITH REFERENCE TO RECESSION TIMES
Marjan Petreski
Nikica Mojsoska-Blazevski
Sažetak
In this paper we analyze the determinants of real
wages in Macedonia’s manufacturing sector. We emphasize
the macroeconomic aspects involved, and
use econometric panel data techniques to model the
behaviour of real wages for the period 2005-2010, using
monthly data. We find non-negligible persistence
of real wages. We further find a role for overall unemployment,
real exchange rate and the tariff index in
determining real wages.
Ključne riječi
real wages; Macedonia; panel data; Generalized Method of Moments
Hrčak ID:
113966
URI
Datum izdavanja:
1.12.2013.
Posjeta: 2.028 *