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The Wage-Price Spiral

The Wage-Price Spiral »

Source: The Wage-Price Spiral : Industrial Country Evidence and Implications

Volume/Issue: 2003/164

Series: IMF Working Papers

Author(s): Magda Kandil

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2003

ISBN: 9781451858013

Keywords: Wage-Price Spiral, Asymmetric Fluctuations, Output Effect, Standard of Living, wage, aggregate demand, inflation, wage-price, Output-Effect,

Using quarterly time-series data for a sample of twelve industrial countries, the paper investigates the dynamics of nominal wage and price adjustments in the face of aggregate demand shocks. The evidence illustrat...

The Wage-Price Spiral
			: Industrial Country Evidence and Implications

The Wage-Price Spiral : Industrial Country Evidence and Implications »

Volume/Issue: 2003/164

Series: IMF Working Papers

Author(s): Magda Kandil

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2003

DOI: http://dx.doi.org/10.5089/9781451858013.001

ISBN: 9781451858013

Keywords: Wage-Price Spiral, Asymmetric Fluctuations, Output Effect, Standard of Living, wage, aggregate demand, inflation, wage-price, Output-Effect,

Using quarterly time-series data for a sample of twelve industrial countries, the paper investigates the dynamics of nominal wage and price adjustments in the face of aggregate demand shocks. The evidence illustrat...