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Definitions
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Definitions
Workfare
Economic Policy
Welfare Economics
Social Welfare
Workfare - A system making income support for the unemployed conditional on their performing some form of work for which they are suitable.
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Definitions
Work
Economics
Labor
Work
Exploring the multifaceted definition and implications of 'work' within economic and social contexts.
Read more about Work.
Definitions
Wage Flexibility
Wage Flexibility
Labor Market
Economics
An economics term that denotes the ability of wages to adjust in response to changes in labor market conditions or economic circumstances.
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Definitions
Washington Consensus
Washington Consensus
Economic Policy
IMF
World Bank
Economic Reforms
A comprehensive guide to the Washington Consensus, its origins, principles, and impact on economic policies in less-developed countries.
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Definitions
Windfall Gain
Economics
Income
Taxation
An unexpected increase in personal or corporate income, often considered for non-distortionary taxation.
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Definitions
Wages Council
Labor Economics
Wages
Labor Policy
UK Economic History
A governmental body established to set minimum wages for specific industries or types of work.
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Definitions
Weak Convergence
Economics
Statistics
Convergence
Weak Convergence
An overview of weak convergence in the context of economics and statistics.
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Definitions
Write-Down
Write-Down
Asset Valuation
Accounting
Finance
A reduction in the recorded value of an asset when its fair market value has significantly dropped below its carrying amount.
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Definitions
Warranted Growth Rate
Macroeconomics
Growth Theory
Harrod–Domar Model
The rate at which growth must occur for sustainability in the Harrod–Domar model.
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Definitions
Work in Progress
Production
Supply Chain
Economics
Accounting
Inventory Management
The term Work in Progress refers to materials and partially finished products that are at various stages of the production process.
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Definitions
Wage Differential
Economics
Labor Economics
Wage Differential
Income Inequality
A detailed exploration of wage differential within the context of economics, covering its meaning, types, and analytical frameworks.
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Definitions
Wage Drift
Wage Drift
Labor Economics
Wages
Inflation
Tendency for the average level of wages actually paid to rise faster than wage rates
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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