Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/Real_wage> ?p ?o }
Showing triples 1 to 47 of
47
with 100 triples per page.
- Real_wage abstract "The term real wages refers to wages that have been adjusted for inflation, or, equivalently, wages in terms of the amount of goods and services that can be bought. This term is used in contrast to nominal wages or unadjusted wages. Because it has been adjusted to account for changes in the prices of goods and services, real wages provide a clearer representation of an individual's wages in terms of what they can afford to buy with those wages - specifically, in terms of the amount of goods and services that can be bought. However, real wages suffer the disadvantage of not being well defined, since the amount of inflation (which can be calculated based on different combinations of goods and services) is itself not well defined. Hence real wage defined as the total amount of goods and services that can be bought with a wage, is also not defined. This is because changes in the relative prices of goods and services will change the financial comparability of various bundles of goods and services.Despite difficulty in defining one value for the real wage, in some cases a real wage can be said to have unequivocally increased. This is true if: After the change, the worker can now afford any bundle of goods and services that he could just barely afford before the change, and still have money left over. In such a situation, real wage increases no matter how inflation is calculated. Specifically, inflation could be calculated based on any good or service or combination thereof, and real wage has still increased. This of course leaves many scenarios where real wage increasing, decreasing or staying the same depends upon how inflation is calculated. These are the scenarios where the worker can buy some of the bundles that he could just barely afford before and still have money left, but at the same time he simply cannot afford some of the bundles that he could before. This happens because some prices change more than others, which means relative prices have changed.The use of adjusted figures is used in undertaking some forms of economic analysis. For example, to report on the relative economic successes of two nations, real wage figures are more useful than nominal figures. The importance of considering real wages also appears when looking at the history of a single country. If only nominal wages are considered, the conclusion has to be that people used to be significantly poorer than today. However, the cost of living was also much lower. To have an accurate view of a nation's wealth in any given year, inflation has to be taken into account and real wages must be used as one measuring stick.An alternative is to look at how much time it took to earn enough money to buy various items in the past, which is one version of the definition of real wages as the amount of goods or services that can be bought. Such an analysis shows that for most items, it takes much less work time to earn them now than it did decades ago, at least in the United States.Real wages are a useful economic measure, as opposed to nominal wages, which simply show the monetary value of wages in that year.".
- Real_wage thumbnail US_Real_Wages_1964-2004.gif?width=300.
- Real_wage wikiPageID "934386".
- Real_wage wikiPageLength "4843".
- Real_wage wikiPageOutDegree "10".
- Real_wage wikiPageRevisionID "683823752".
- Real_wage wikiPageWikiLink Category:Employment_compensation.
- Real_wage wikiPageWikiLink Consumption_(economics).
- Real_wage wikiPageWikiLink Cost_of_living.
- Real_wage wikiPageWikiLink Inflation.
- Real_wage wikiPageWikiLink Interest.
- Real_wage wikiPageWikiLink Real_versus_nominal_value_(economics).
- Real_wage wikiPageWikiLink Relative_price.
- Real_wage wikiPageWikiLink File:US_Real_Wages_1964-2004.gif.
- Real_wage wikiPageWikiLink File:US_productivity_and_real_wages.jpg.
- Real_wage wikiPageWikiLinkText "Real wage".
- Real_wage wikiPageWikiLinkText "real income".
- Real_wage wikiPageWikiLinkText "real wage rate".
- Real_wage wikiPageWikiLinkText "real wage".
- Real_wage wikiPageWikiLinkText "real-wages".
- Real_wage wikiPageWikiLinkText "wage growth".
- Real_wage wikiPageWikiLinkText "wage".
- Real_wage wikiPageUsesTemplate Template:Refimprove.
- Real_wage wikiPageUsesTemplate Template:Reflist.
- Real_wage subject Category:Employment_compensation.
- Real_wage type Payment.
- Real_wage type Redirect.
- Real_wage comment "The term real wages refers to wages that have been adjusted for inflation, or, equivalently, wages in terms of the amount of goods and services that can be bought. This term is used in contrast to nominal wages or unadjusted wages.".
- Real_wage label "Real wage".
- Real_wage sameAs Q1932544.
- Real_wage sameAs أجر_حقيقي.
- Real_wage sameAs Reálná_mzda.
- Real_wage sameAs Reallohn.
- Real_wage sameAs Reaalipalkka.
- Real_wage sameAs שכר_ריאלי.
- Real_wage sameAs Reálbér.
- Real_wage sameAs Իրական_աշխատավարձ.
- Real_wage sameAs 実質賃金.
- Real_wage sameAs Reëel_loon.
- Real_wage sameAs m.03rd03.
- Real_wage sameAs Stvarna_plata.
- Real_wage sameAs Reallön.
- Real_wage sameAs Real_ish_haqi.
- Real_wage sameAs Q1932544.
- Real_wage wasDerivedFrom Real_wage?oldid=683823752.
- Real_wage depiction US_Real_Wages_1964-2004.gif.
- Real_wage isPrimaryTopicOf Real_wage.