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|z 9781451856873
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|a 1018-5941
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|c BD-DhAAL
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|a Chan-Lau, Jorge.
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|a Why Has Inflation in the United States Remained So Low? :
|b Reassessing the Importance of Labor Costs and the Price of Imports /
|c Jorge Chan-Lau, Stephen Tokarick.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1999.
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|a 1 online resource (23 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines some of the factors that have been influential in keeping inflation low in the United States during 1995-98, despite strong growth and high levels of employment. Our results identify three important variables: declines in import prices, a slowdown in the growth of nonwage labor compensation, and a decline in labor costs. We also reassess the role of labor costs and import prices in determining price inflation.
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|a Mode of access: Internet
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|a Tokarick, Stephen.
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|a IMF Working Papers; Working Paper ;
|v No. 1999/149
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1999/149/001.1999.issue-149-en.xml
|z IMF e-Library
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