Showing 1 - 10 of 13
earlier research into this question and finds little support for the view that higher wages cause higher prices. On the … contrary, more evidence is found for higher prices leading to wage growth. …
Persistent link: https://www.econbiz.de/10005389949
earlier research into this question and finds little support for the view that higher wages cause higher prices. On the … contrary, more evidence is found for higher prices leading to wage growth. …
Persistent link: https://www.econbiz.de/10010628462
An examination of the relative shapes of the wage distribution in the U.S. goods-producing and service-producing sectors that uses a nonparametric measure of density overlap to analyze wage differences between the two sectors over time. ; What implications do 21st century monetary innovations...
Persistent link: https://www.econbiz.de/10005428315
A nonparametric analysis of the similarity between goods and services wage densities, applying kernel density estimates and an overlap statistic to U.S. weekly full-time wages from 1969 to 1993.
Persistent link: https://www.econbiz.de/10005428389
Compares two possible explanations of why pay increases continue to be moderate in a vigorous labor market--workers' uncertainty about their jobs and human resource managers' wage-setting behavior--and looks at how each explanation matches the evidence on the timing of inflation and wage changes.
Persistent link: https://www.econbiz.de/10005512869
Inflation has been accused of causing distortionary prices and wage fluctuations (sand) as well as lauded for …
Persistent link: https://www.econbiz.de/10005526314
The authors examine 39 years of wage data for workers in mobile occupations within a set of employers in three midwestern cities. They study wage changes during years of rising, falling, and steady inflation to identify regularities that could broaden understanding of the inflationary process at...
Persistent link: https://www.econbiz.de/10005428192
An analysis of whether inflation facilitates adjustments to shocks or distorts relative prices, examining the wage …
Persistent link: https://www.econbiz.de/10005428215
An effort to distinguish inflations distortionary effects from its facilitation of adjustments to shocks when wages are rigid downward. It uses the following identification strategy: inflation-induced deviations among employers mean wage changes represent unintended intramarket distortions...
Persistent link: https://www.econbiz.de/10005428342
As inflation rates in the United States decline, analysts are asking if there are economic reasons to hold the rates at levels above zero. A study of inflation's effects on the labor market suggests that low rates of inflation do help the economy to adjust to changes in labor supply and demand....
Persistent link: https://www.econbiz.de/10005387225