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premium wage - translation to English
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
premium wage
см. incentive wage
wage labour
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RELATIONSHIP WHERE A WORKER SELLS LABOUR TO AN EMPLOYER
Wage-labor; Wage labor; Wage-labour; Wage laborer; Paid work; Wage labourer
наемный труд.
wage labour
RELATIONSHIP WHERE A WORKER SELLS LABOUR TO AN EMPLOYER
Wage-labor; Wage labor; Wage-labour; Wage laborer; Paid work; Wage labourer
общая лексика
наемный труд
Definition
Wage
·vt To give security for the performance of.
II. Wage ·vi To bind one's self; to Engage.
III. Wage ·vt To adventure, or lay out, for hire or reward; to hire out.
IV. Wage ·vt To engage in, as a contest, as if by previous gage or pledge; to carry on, as a war.
V. Wage ·vt That which is staked or ventured; that for which one incurs risk or danger; prize; gage.
VIII. Wage ·vt To Pledge; to hazard on the event of a contest; to Stake; to bet, to lay; to Wager; as, to wage a dollar.
IX. Wage ·vt That for which one labors; meed; reward; stipulated payment for service performed; hire; pay; compensation;
- at present generally used in the plural. ·see Wages.
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”.
