FWCP - What does FWCP stand for? The Free Dictionary
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Steven A Baffico, a managing partner and chief executive officer of FWCP
and the fund's current interested trustee, will remain on the board.
or the Fraction of Wage Cuts Prevented is an index used to quantify the degree of downward nominal wage inflexibility by calculating a theoretical or notional incidence rate of wage cuts based on there being no rigidities and comparing that to actual empirical records of wage cuts.
[rho] is also referred to as the 'fraction of wage cuts prevented' (FWCP).
Therefore, countries with high FWCP will experience stronger effective downward nominal wage rigidity, the further the wage change distribution is located to the left.
served as strategic advisor and distribution manager on this transaction, while the lead managers of the underwriting syndicate were Wells Fargo Securities, Raymond James and Ameriprise Financial.