's assumption that wage bargainers are influenced by relative money wages rather than relative real wages. In Taylor's model money … that wage bargainers are influenced by relative real wages, which we consider somewhat more plausible, has some interesting …

correlations between labor market tightness and wages weakened noticeably. This change was accompanied in a break in the … relationship between wages and prices, so wage inflation has become a much less important determinant of price inflation …

exerts significant downward pressure on nominal wages. Finally, we consider the monetary policy implications of the …

We answer the question posed by the title by specifying and estimating a simple dynamic model of prices, wages, and … product-market and labor-market shocks on prices and nominal wages and to quantify the sources of U.S. pandemic-era inflation …, most of the inflation surge that began in 2021 was the result of shocks to prices given wages. These shocks included sharp …

wages for over five million workers in sixteen Latin American economies, the authors estimate national and industry … wages and the demand for skills"--National Bureau of Economic Research web site …

an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and … escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more … on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the …

are as follows. First, holding constant individual characteristics, average weekly wages are 11 percent lower in nonprofit …

higher marginal rate of substitution of current wages for future wages. Incidentally, a survey of several hundred …