Will inflation persist amid tight labor markets in CESEE?

REO2023

Thursday, November 16, 2023, at 09:00-11:00 a.m. (CET)

Opening remarks
Prof. Dr. Robert Holzmann, Governor, Oesterreichische Nationalbank

Moderator
Stephan Danninger, Assistant Director, International Monetary Fund

Speakers
Sebastian Weber, Deputy Division Chief, International Monetary Fund
Julia Wörz, Head of CESEE Section, Oesterreichische Nationalbank
Piotr Lewandowski, President of the Board, Institute for Structural Research

Following two years of double-digit growth, headline inflation is finally receding. Nominal wages have not kept pace everywhere, leading to workers’ real wage loss and possible wage catch up in the making. But with unemployment at historical lows, there is a risk that too much wage growth could add to core inflation persistence. Together with structural changes, including older and declining labor forces and changing labor demand from new technologies and green jobs, this could constrain growth more broadly. This seminar will discuss the drivers of wage growth, the shifts taking place in labor markets, and to which extent these trends could herald persistent inflation and weaker growth.

We look forward to continuing our engagement with you!

Hervé Joly, Director (JVI)

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Детали

Начало: 2023111616 ноя
Окончание: 2023111616 ноя

Язык(и): English

Организация-спонсор: IMF

Организационные вопросы

Крайний срок подачи заявки: 15 ноября 2023 r.