conclusion is to make wages and the nominal exchange rate anchors for the price level, which implies that nominal wages should … increase according to trends in productivity and the target inflation rate of the central bank. Wage developments without …

We study the link between expected inflation and wages using novel panel data from German firms and employees. We find … that pass-through - the percentage point change in wage growth given a one percentage point change in expected inflation … extensive margin, expected inflation has little effect on additional wage negotiations. …

We study the link between expected inflation and wages using novel panel data from German firms and employees. We find … that pass-through—the percentage point change in wage growth given a one percentage point change in expected inflation … margin, expected inflation has little effect on additional wage negotiations. …

This paper provides an empirical investigation into the determinants and stability of the aggregate wage inflation … process in the United States over the 1967-2000 period. Using compensation per hour as the measure of wages, we specify a … Phillips curve model that links wage growth to its past values as well as to the unemployment rate, price inflation, labor …