Buchheim, Lukas; Link, Sebastian; Möhrle, Sascha - 2024
We study the link between expected inflation and wages using novel panel data from German firms and employees. We find …—is small: 0.11–0.17 for firms and 0.03–0.07 for employees. Utilizing variation in the coverage length of collective agreements … importance of wage rigidities for pass-through. Pass-through also rises with the bargaining power of employees. At the extensive …