Workfare
Workfare - A system making income support for the unemployed conditional on their performing some form of work for which they are suitable.
Work
Exploring the multifaceted definition and implications of 'work' within economic and social contexts.
Wage Flexibility
An economics term that denotes the ability of wages to adjust in response to changes in labor market conditions or economic circumstances.
Washington Consensus
A comprehensive guide to the Washington Consensus, its origins, principles, and impact on economic policies in less-developed countries.
Windfall Gain
An unexpected increase in personal or corporate income, often considered for non-distortionary taxation.
Wages Council
A governmental body established to set minimum wages for specific industries or types of work.
Weak Convergence
An overview of weak convergence in the context of economics and statistics.
Write-Down
A reduction in the recorded value of an asset when its fair market value has significantly dropped below its carrying amount.
Warranted Growth Rate
The rate at which growth must occur for sustainability in the Harrod–Domar model.
Work in Progress
The term Work in Progress refers to materials and partially finished products that are at various stages of the production process.
Wage Differential
A detailed exploration of wage differential within the context of economics, covering its meaning, types, and analytical frameworks.
Wage Drift
Tendency for the average level of wages actually paid to rise faster than wage rates