Does Wage Inflation Cause Price Inflation?
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منابع مشابه
Wage-Price Dynamics: Are They Consistent with Cost Push?
F or gauging inflationary pressures, many policymakers and financial market analysts pay close attention to the behavior of wages. It is widely believed that if wage costs rise faster than productivity, the price level may rise as firms pass forward increased wage costs in the form of higher product prices. Hence changes in productivity-adjusted wages1 are believed to be a leading indicator of ...
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تاریخ انتشار 2000