Trend of Average Wages as Indicator of Hypothetical Money Illusion

The definition of wage in Poland not before 1998 includes any value of social security contribution. Changed definition creates higher level of reported wages, but was expected not to influence the take home pay. Nevertheless, the trend of average wages, after a short period, has returned to its pre...

Full description

Saved in:
Bibliographic Details
Main Author: Julian Daszkowski
Format: Article
Language:English
Published: VIZJA University 2010-06-01
Series:Contemporary Economics
Online Access:http://ce.vizja.pl/en/download-pdf/id/157
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850233246936203264
author Julian Daszkowski
author_facet Julian Daszkowski
author_sort Julian Daszkowski
collection DOAJ
description The definition of wage in Poland not before 1998 includes any value of social security contribution. Changed definition creates higher level of reported wages, but was expected not to influence the take home pay. Nevertheless, the trend of average wages, after a short period, has returned to its previous line. Such effect is explained in the term of money illusion.
format Article
id doaj-art-051bd99cbc6b470fb5cf7f06de10ff21
institution OA Journals
issn 2084-0845
language English
publishDate 2010-06-01
publisher VIZJA University
record_format Article
series Contemporary Economics
spelling doaj-art-051bd99cbc6b470fb5cf7f06de10ff212025-08-20T02:02:58ZengVIZJA UniversityContemporary Economics2084-08452010-06-01421190Trend of Average Wages as Indicator of Hypothetical Money IllusionJulian DaszkowskiThe definition of wage in Poland not before 1998 includes any value of social security contribution. Changed definition creates higher level of reported wages, but was expected not to influence the take home pay. Nevertheless, the trend of average wages, after a short period, has returned to its previous line. Such effect is explained in the term of money illusion.http://ce.vizja.pl/en/download-pdf/id/157
spellingShingle Julian Daszkowski
Trend of Average Wages as Indicator of Hypothetical Money Illusion
Contemporary Economics
title Trend of Average Wages as Indicator of Hypothetical Money Illusion
title_full Trend of Average Wages as Indicator of Hypothetical Money Illusion
title_fullStr Trend of Average Wages as Indicator of Hypothetical Money Illusion
title_full_unstemmed Trend of Average Wages as Indicator of Hypothetical Money Illusion
title_short Trend of Average Wages as Indicator of Hypothetical Money Illusion
title_sort trend of average wages as indicator of hypothetical money illusion
url http://ce.vizja.pl/en/download-pdf/id/157
work_keys_str_mv AT juliandaszkowski trendofaveragewagesasindicatorofhypotheticalmoneyillusion