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

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

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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

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2023

Confidentiality

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

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

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EID of the result in the Scopus database

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