Over the past few years, rising inflation has put increasing financial pressure on American households, particularly those in the middle class. While wages have grown in nominal terms, many workers ...

We present new evidence from a unique survey of firms across Europe on downward wage rigidity in both real and nominal terms. Our results indicate that wage rigidities are related to workforce ...

Japanese workers’ nominal pay rose at the fastest clip in seven months in July, with real wages increasing for the first time this year, supporting the case for the Bank of Japan to consider a rate ...

Not much unites the world these days. Yet there is one sentiment shared by many people, regardless of nationality: pessimism about the economy. Just one in ten Americans thinks they are better off ...

Inflation has put growing financial pressure on American households in recent years. While wages have risen in nominal terms, the costs of essentials such as housing and groceries have climbed even ...