. This was a period of very low inflation. The rate of growth in the aggregate price level was occasionally very close to … inflation. The declining prices cannot, however, be explained by lack of demand or any generalized deflationary tendencies … develops a new method for looking at the composition of inflation and illustrating how relative price dynamics interact with …

correcting for measurement error, wages appear to be very sticky. In the average quarter, the probability that an individual will … consumer price inflation rate. …

consumer price inflation rate. -- Wage stickiness ; micro-level evidence ; measurement error … correcting for measurement error, wages appear to be very sticky. In the average quarter, the probability that an individual will …