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Czech employees are suffering from a decline in their real wages – Are they entitled to be paid more?

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F02819180%3A_____%2F23%3A%230000137" target="_blank" >RIV/02819180:_____/23:#0000137 - isvavai.cz</a>

  • Result on the web

    <a href="https://littera-scripta.com/wp-content/uploads/2023/12/LS-2_2023-05-Hynkova-Skypalova-Hedija.pdf" target="_blank" >https://littera-scripta.com/wp-content/uploads/2023/12/LS-2_2023-05-Hynkova-Skypalova-Hedija.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Czech employees are suffering from a decline in their real wages – Are they entitled to be paid more?

  • Original language description

    The article deals with development of the average gross monthly nominal and real wages in individual regions and nationally in the Czech economy during the 2011 – 2022 period, with focus on 2022, the year of galloping inflation in the Czech Republic. It examines differences between average gross monthly real wages in individual regions of the Czech Republic and the national average of gross monthly real wage in 2022. There will be a discussion on how to raise the standard of living of households again, about the possibilities of economic policy and the circumstances and consequences of increasing nominal wages. The article presents development trends of the average gross monthly nominal, real wages, and the price level for the following years 2023 and 2024. In addition, the article reveals to which year in the past the household standard of living fell, according to the development of the average gross monthly real wages, at the national level and in Czech individual regions.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>ost</sub> - Miscellaneous article in a specialist periodical

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • Continuities

    N - Vyzkumna aktivita podporovana z neverejnych zdroju

Others

  • Publication year

    2023

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Littera Scripta

  • ISSN

    1805-9112

  • e-ISSN

    1805-9112

  • Volume of the periodical

    Vol. 16

  • Issue of the periodical within the volume

    Issue 2

  • Country of publishing house

    CZ - CZECH REPUBLIC

  • Number of pages

    14

  • Pages from-to

    65-78

  • UT code for WoS article

  • EID of the result in the Scopus database