Naslov
Consumer price index and nominal earnings index in crisis

Autori
Aleksić, Ana ; Galetić, Fran ; Načinović, Ivana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of the International Scientific Conference on Economic Policy and Global Recession / - Beograd, 2009, 109-117

ISBN
978-86-403-1012-3

Skup
International Scientific Conference on Economic Policy and Global Recession

Mjesto i datum
Beograd, Srbija, 25.09.2009. - 27.09.2009

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
employee earnings; consumer price index; nominal earnings index; crisis

Sažetak
This paper analyses the trends of consumer price index and nominal net earnings index in Croatia during the period of ten years (1998-2007). It is expected that these two indices have the same trend because earnings should reflect the changes in price levels. In this context the paper explains some theoretical determinants of employee earnings. The empirical part of the paper explores the correlation among consumer price index and nominal net earnings index based on the data provided by Central Bureau of Statistics. A model to describe the relationship among consumer price index and nominal earnings index is proposed and tested. The model states that the rise of consumer price index for 1% leads to an increase of nominal net earning index of 0, 29%. Special attention is given to trends of consumer price index and nominal net earnings in the period of crisis and its potential impact on overall global economy in Croatia.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA