Pay growth

Created
Thu, 17/08/2023 - 18:00
Harvey Daniell and Andre Moreira The latest developments in the labour market are often central to monetary policy decisions. We outline a framework for mapping labour market indicators to near-term employment and pay growth, drawing on established insights from the ‘nowcasting’ literature. The key benefits of our approach are: the ability to map a range … Continue reading Forecasting near-term trends in the labour market