The Wage-Price Spiral : Industrial Country Evidence and Implications /
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 illustrates patterns of the wage-price spiral and accompanying fluctuations. During economic ex...
| 1. autor: | |
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2003.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2003/164 |
| Dostęp online: | Full text available on IMF |