Narrow search
Showing 1 - 10 of 32,165
Cover Image
Indexes, inflation, and public policy
Runyon, Herbert - In: Economic Review (1981) Spr, pp. 44-56
Persistent link: https://www.econbiz.de/10005490851
Cover Image
Early contract renegotiation: An analysis of U.S. labor contracts from 1970 to 1995
Rich, Robert; Tracy, Joseph - Federal Reserve Bank of New York - 2011
This paper examines the ex post flexibility of U.S. labor contracts during the 1970-95 period by investigating whether unanticipated changes in inflation increase the likelihood of a contract being renegotiated prior to its expiration. We find strong empirical support for this hypothesis....
Persistent link: https://www.econbiz.de/10009358584
Cover Image
Uncertainty and labor contract durations
Rich, Robert; Tracy, Joe - Federal Reserve Bank of New York - 2000
This paper provides an empirical investigation into the relationship between ex ante U.S. labor contract durations and uncertainty over the period 1970 to 1995. We construct measures of inflation uncertainty as well as aggregate nominal and real uncertainty. The results not only corroborate...
Persistent link: https://www.econbiz.de/10005420487
Cover Image
More and better jobs, but not for everyone : effects of innovation in French firms
Duhautois, Richard; Erhel, Christine; … - In: ILR review : a publication of the New York State School … 75 (2022) 1, pp. 90-116
Persistent link: https://www.econbiz.de/10012794377
Cover Image
Structural change in US wage determination
Rich, Robert W.; Rissmiller, Donald - 2001
process in the United States over the 1967-2000 period. Using compensation per hour as the measure of wages, we specify a … productivity growth, and an additional set of labor market variables. The results do not reject the hypothesis that real wages and …
Persistent link: https://www.econbiz.de/10010283324
Cover Image
Labor compensation and inflation
Kahn, George A. - In: Financial Letters (1989) May
Persistent link: https://www.econbiz.de/10010942142
Cover Image
Labor compensation and inflation during business expansion
Weiner, Stuart E. - In: Financial Letters (1986) Oct
Persistent link: https://www.econbiz.de/10010942146
Cover Image
Tradeoffs between inflation and output-gap variances in an optimizing-agent model
Erceg, Christopher J.; Henderson, Dale W.; Levin, Andrew T. - Federal Reserve Board (Board of Governors of the … - 1998
the special case in which prices are sticky and wages are perfectly flexible. When the model is calibrated to exhibit an …
Persistent link: https://www.econbiz.de/10005368225
Cover Image
Optimal fiscal and monetary policy with costly wage bargaining
Arseneau, David M.; Chugh, Sanjay K. - Federal Reserve Board (Board of Governors of the … - 2007
nominal wages. This finding contrasts with results obtained using standard sticky-wage models, which employ Walrasian labor … tolerate large fluctuations in real wages that would otherwise not be tolerated in a standard model with Walrasian labor … markets; as a result, any concern for stabilizing nominal wages does not translate into a concern for stabilizing nominal …
Persistent link: https://www.econbiz.de/10005368440
Cover Image
Is there an inflation puzzle?
Lown, Cara S.; Rich, Robert W. - In: Economic Policy Review (1997) Dec, pp. 51-77
Why has U.S. inflation failed to accelerate despite six years of continuing economic expansion. The authors investigate whether compensation growth has played a role, either as a temporary restraint on inflation or as the underlying source of a new inflation regime. They offer two pieces of...
Persistent link: https://www.econbiz.de/10005372937