Inflation and Wage Indexation in the Postwar United States.
This paper examines the relationship between inflation and wage indexation in the postwar United States using data on the prevalence of cost-of-living adjustments in major collective bargaining agreements. The author finds that increases in inflation precede increases in wage indexation but reductions in inflation do not precede reductions in wage indexation. There is virtually no evidence that wage indexation affects inflation. Copyright 1995 by MIT Press.
Year of publication: |
1995
|
---|---|
Authors: | Holland, A Steven |
Published in: |
The Review of Economics and Statistics. - MIT Press. - Vol. 77.1995, 1, p. 172-76
|
Publisher: |
MIT Press |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Inflation Regimes and the Sources of Inflation Uncertainty: Comment.
Holland, A Steven, (1993)
-
Holland, A Steven, (1991)
-
Uncertain Effects of Money and the Link between the Inflation Rate and Inflation Uncertainty.
Holland, A Steven, (1993)
- More ...