THE WAGE-PRICE CONTROL EXPERIMENT--DID IT WORK?

This paper analyses the consequences of the Nixon Administration’s policy of wage-price controls and finds that the controls were essentially ineffective in reducing inflation.

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Year of publication:	2004-08-07
Authors:	Feige, Edgar L. ; Pearce, Douglas K.
Institutions:	EconWPA
Subject:	wage-price controls \| incomes policy \| inflation \| unemployment

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Extent:	application/pdf
Series:	Macroeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 5 5 pages
Classification:	E3 - Prices, Business Fluctuations, and Cycles ; E6 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005561070