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What (who) is wage pattern - definition
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
Wage labour
.svg?width=200)
RELATIONSHIP WHERE A WORKER SELLS LABOUR TO AN EMPLOYER
Wage-labor; Wage labor; Wage-labour; Wage laborer; Paid work; Wage labourer
Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract.: "All labor contracts were/are designed legally to bind a worker in one way or another to fulfill the labor obligations the worker has undertaken.
Pattern (casting)
FORM USED IN CASTING TO REPLICATE A SHAPE
Pattern (foundry); Pattern-maker; Patternmaker (engineering)
In casting, a pattern is a replica of the object to be cast, used to prepare the cavity into which molten material will be poured during the casting process.
Pattern (sewing)
.jpg?width=200 "Student tracing pattern onto fabric")
![Fitting a nettle/canvas-fabric on a [[dress form]]](https://commons.wikimedia.org/wiki/Special:FilePath/Fitting muslin dummy.jpg?width=200 "Fitting a nettle/canvas-fabric on a [[dress form]]")
.jpg?width=200 "Storage of patterns")
![tailor's tack]] with thread to mark a pattern on fabric before cutting the fabric](https://commons.wikimedia.org/wiki/Special:FilePath/Basting pattern markings.jpg?width=200 "tailor's tack]] with thread to mark a pattern on fabric before cutting the fabric")
TEMPLATE FROM WHICH THE PARTS OF A GARMENT ARE TRACED ONTO FABRIC BEFORE BEING CUT OUT
Pattern making book; Pattern-making book; Patternmaking book; Sewing pattern; Dress pattern; Dress-maker's pattern; Pattern cutting; Pattern drafting; Pattern making
In sewing and fashion design, a pattern is the template from which the parts of a garment are traced onto woven or knitted fabrics before being cut out and assembled. Patterns are usually made of paper, and are sometimes made of sturdier materials like paperboard or cardboard if they need to be more robust to withstand repeated use.
Wikipedia
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”.
