wage arrears - ορισμός. Τι είναι το wage arrears
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Τι (ποιος) είναι wage arrears - ορισμός

ECONOMIC EFFECT THAT REAL INCOME RATIOS BETWEEN HIGH AND LOW INCOME COUNTRIES ARE SYSTEMATICALLY EXAGGERATED BY GDP CONVERSION AT MARKET EXCHANGE RATES
Low-wage economy; Low wage economy; High-wage economy; High wage economy; Low-wage economies

arrears         
DESCRIBES PROBLEMS WITH THE PAYMENT OF LOANS
Arrearages; In arrears; Rearage; Arrear
¦ plural noun payments or debts that are outstanding and due.
Phrases
in arrears (also chiefly Law in arrear)
1. behind with paying money that is owed.
(of wages or rent) paid at the end of each period of work or occupation.
2. (of a competitor in a race) falling behind others.
Derivatives
arrearage noun
Origin
ME: from arrear (adverb) 'behind, overdue', from OFr. arere, from med. L. adretro, from ad- 'towards' + retro 'backwards'.
arrears         
DESCRIBES PROBLEMS WITH THE PAYMENT OF LOANS
Arrearages; In arrears; Rearage; Arrear
1.
Arrears are amounts of money that you owe, especially regular payments that you should have made earlier.
They have promised to pay the arrears over the next five years...
N-PLURAL
2.
If someone is in arrears with their payments, or has got into arrears, they have not paid the regular amounts of money that they should have paid.
...the 300,000 households who are more than six months in arrears with their mortgages.
PHRASE: v-link PHR, PHR after v, oft amount PHR, PHR with/on n
3.
If sums of money such as wages or taxes are paid in arrears, they are paid at the end of the period of time to which they relate, for example after a job has been done and the wages have been earned.
Unemployment benefit is paid fortnightly in arrears.
PHRASE: PHR after v
Arrears         
DESCRIBES PROBLEMS WITH THE PAYMENT OF LOANS
Arrearages; In arrears; Rearage; Arrear
Arrears (or arrearage) is a legal term for the part of a debt that is overdue after missing one or more required payments. The amount of the arrears is the amount accrued from the date on which the first missed payment was due.

Βικιπαίδεια

Penn effect

The Penn effect is the economic finding that real income ratios between high and low income countries are systematically exaggerated by gross domestic product (GDP) conversion at market exchange rates. It is associated with what became the Penn World Table, and it has been a consistent econometric result since at least the 1950s.

The "Balassa–Samuelson effect" is a model cited as the principal cause of the Penn effect by neo-classical economics, as well as being a synonym of “Penn effect”.

Παραδείγματα από το σώμα κειμένου για wage arrears
1. In 1''4, the union forced management to pay three months in wage arrears.
2. The union said that the management had gone back on its assurances for wage arrears and better promotional prospects.
3. The government has agreed to pay employees wage arrears by 2008 and are also reconsidering suspension notices served on 23 striking employees.
4. Defunct carmaker Moskvich plans to sell three buildings at its plant in southeast Moscow to pay off wage arrears, media reported last week.
5. After turmoil in the banking system and a stock market crash slashed the fortunes of Russia‘s wealthy elite, ordinary Russians are beginning to feel the impact of rising inflation, a weakening ruble and growing wage arrears and layoffs.