{"id":11661,"date":"2017-10-12T09:35:59","date_gmt":"2017-10-12T00:35:59","guid":{"rendered":"http:\/\/www.pp.u-tokyo.ac.jp\/?post_type=student-bulletin&#038;p=11661"},"modified":"2017-10-12T09:39:40","modified_gmt":"2017-10-12T00:39:40","slug":"2017-10-12-11661","status":"publish","type":"student-bulletin","link":"https:\/\/graspp.neopa.jp\/student-bulletin\/2017-10-12-11661\/","title":{"rendered":"RECENT WAGE DYNAMICS IN ADVANCED ECONOMIES: DRIVERS AND IMPLICATIONS (October 2017 IMF WEO, Chapter 2)"},"content":{"rendered":"<p><strong>Open to all GraSPP students!<\/strong><\/p>\n<p>As part of the IMF\u2019s global outreach of October 2017 World Economic Outlook,<br \/>\nGraSPP will have a guest lecture about recent wage dynamics in advanced<br \/>\neconomics.<\/p>\n<p><strong>Date &amp; Time:<\/strong> Wednesday, October 18th, 2017; 13:00-14:00<\/p>\n<p><strong>Place:<\/strong> International Research Building, Seminar Room B<\/p>\n<p><strong>Title:<\/strong> RECENT WAGE DYNAMICS IN ADVANCED ECONOMIES: DRIVERS<br \/>\nAND IMPLICATIONS (October 2017 IMF WEO, Chapter 2)<\/p>\n<p>Nominal wage growth in most advanced economies remains markedly lower than it<br \/>\nwas before the Great Recession of 2008-09. This chapter finds that the bulk of the<br \/>\nwage slowdown can be explained by labor market slack, inflation expectations, and<br \/>\ntrend productivity growth. While accommodative policies can help lift demand and<br \/>\nlower headline unemployment rates, wage growth may remain subdued until<br \/>\ninvoluntary part-time employment diminishes or trend productivity growth picks<br \/>\nup.<\/p>\n<p><strong>Presenter:<\/strong> Mr. Weicheng Lian (International Monetary Fund)<\/p>\n<p>Weicheng Lian is an Economist in the Research Department of the International<br \/>\nMonetary Fund. He has worked previously in the European Department. His<br \/>\nresearch interests include macro finance with a particular focus on housing trends<br \/>\nand cycles, and structural transformation. He holds a Ph.D. in Economics from<br \/>\nPrinceton University.<\/p>\n<p><strong>Language:<\/strong> English<\/p>","protected":false},"featured_media":0,"template":"","student-bulletin-cat":[],"student-bulletin-tag":[],"class_list":["post-11661","student-bulletin","type-student-bulletin","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/student-bulletin\/11661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/student-bulletin"}],"about":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/types\/student-bulletin"}],"wp:attachment":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/media?parent=11661"}],"wp:term":[{"taxonomy":"student-bulletin-cat","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/student-bulletin-cat?post=11661"},{"taxonomy":"student-bulletin-tag","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/student-bulletin-tag?post=11661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}