10 ENGLISH BOOKS RELATING TO «WAGE-PRICE SPIRAL»
Discover the use of
wage-price spiral in the following bibliographical selection. Books relating to
wage-price spiral and brief extracts from same to provide context of its use in English literature.
1
The
Wage-
Price Spiral: Industrial Country Evidence and ...
I. INTRODUCTION The spillover effects of nominal adjustments across labor and
product markets are commonly known as the wage-price spiral. An increase in
aggregate demand prompts firms to adjust prices upward to maintain or increase
...
2
Quantitative and Empirical Analysis of Nonlinear Dynamic ...
Introduction In this paper we reconsider the wage–price spiral from a Keynesian
perspective. We construct distinct demand pressure indicators for the labor
market and the market for commodities, and incorporate the error correction term
...
3
The Economy As a System of Power
The Wage-Price Spiral Turning from corporate pricing policy, we shall conclude
with an analysis of the wage-price spiral, the other primary linkage between
power and the current crisis. The term has become a shorthand expression for ...
Marc Reed Tool, Warren Joseph Samuels, 1989
4
The Macrodynamics of Capitalism: Elements for a Synthesis of ...
It is one basic working hypothesis of this book that this growth cycle mechanism
will indeed be present in any model that really attempts to introduce a wage/price
spiral and its dynamics into an otherwise more or less conventional type of ...
5
Disinflation in Transition Economies
EMPIRICAL RESEARCH ON THE WAGE-PRICE SPIRAL Wage and price
equations of this or a similar form have often been used by researchers to
examine various economic issues connected both with inflation (Gordon 1988;
Blangiewicz ...
6
The Economics of Trade Unions
As a description of one sequence of events that takes place during an inflation,
the concept of the wage-price spiral is valid and graphic. However, the view that
wage increases play a crucial causal or initiating role in the inflationary process
is ...
7
What Role for Government?: Lessons from Policy Research
... in the implicit price deflator for personal consumption expenditures. It was as if
a sequel had been made to a 1 973 disaster film. OPEC II and the Wage-Price
Spiral Stephen G Cecchetti, David McClain, Michael J McKee, and Daniel H Saks
.
Richard J. Zeckhauser, Derek Leebaert, 1983
8
Drastic Measures: A History of
Wage and
Price Controls in ...
The debate over controls The seemingly obvious remedy for the wage-price
spiral is to regulate prices and wages by public authority. In World War II and the
Korean War in the United States demand pressed strongly the capacity of the
labor ...
9
The New Industrial State
But demand must not be too greatly in excess of this level. If it is, there will be
inflation outside the planning system, i.e., where the wage-price spiral is not a
factor. And the pressure of demand within the planning system will be too strong
for ...
John Kenneth Galbraith, 2007
10
Memos to the President: A Guide Through Macroeconomics for ...
In 1979 through 1982, Brazil, with its highly indexed wage system, was
devastated by the induced effects of the large oil price increase, resulting in a
huge wage-price spiral. In the U.S. economy, automatic cost-of-living clauses
have often ...
Charles L. Schultze, 2011
10 NEWS ITEMS WHICH INCLUDE THE TERM «WAGE-PRICE SPIRAL»
Find out what the national and international press are talking about and how the term
wage-price spiral is used in the context of the following news items.
Opinion: You can see higher wages everywhere but in the data
There's no wage-price spiral in our immediate future. The other wage data published by the government show the same story: The average hourly earnings ... «MarketWatch, Jul 15»
Inflation slips back to zero
He said tomorrow's pay data would help gauge whether a wage-price spiral was likely to develop and when the Bank is likely to pull the trigger on hiking interest ... «Manchester Evening News, Jul 15»
The hopeful quest for 'full employment'
The quest ended unhappily: a wage-price spiral peaking at 13 percent inflation in 1980. No one wants to repeat that debacle. But today's full-employment ... «Washington Post, Apr 15»
The Threat of Bubbles, Not Inflation, Should Guide Fed Policy
In the nineteen-seventies and nineteen-eighties, there was very real danger of a wage-price spiral (in which rising wages and prices become self-reinforcing, ... «The New Yorker, Mar 15»
Higher Wages, Lower Prices Give Consumers A Break
Economists usually worry about a "wage-price spiral" taking hold. That's when workers are earning more, but losing buying power as prices rise. For now, at ... «NPR, Feb 15»
Americans Haven't Had A Raise In 35 Years, But Something Else Is …
This creates a wage-price spiral: higher wages push prices higher, which in turn pushes wages higher and so on. The Federal Reserve works to strike a balance ... «MainStreet, Feb 15»
First Take: Watch wage growth, not job gains
The danger is a wage-price spiral. When prices increase in a tight labor market, employees can ask for — and get — higher wages. Ultimately, that can become ... «USA TODAY, Dec 14»
Abheek Barua: The right questions
It also set off a wage-price spiral that intensified as the MGNREGA wages began to be indexed to consumer price inflation. But here's the most important bit. «Business Standard, Oct 14»
Wage price spiral a concern – Reserve Bank
PRETORIA – The South African Reserve Bank (Sarb) remains concerned about the risks of a wage-price spiral, “should settlements well in excess of inflation ... «Moneyweb.co.za, Sep 14»
Janet Yellen's Fed is more revolutionary than Ben Bernanke's ever …
Until the global financial crisis of 2008-09, the price spiral that peaked in 1980 ... The result is the classic wage-price spiral at the heart of the Great Inflation, or so ... «Quartz, Aug 14»
