Does Inflation "Grease the Wheels of the Labor Market"?
收藏NBER1996-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5538
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资源简介：
If nominal wages are downward rigid, moderate levels of inflation may improve labor market efficiency by facilitating real wage cuts. In this paper we attempt to test the hypothesis that downward real wage changes occur more readily in higher-inflation environments. Using individual wage change data
提供机构：
美国国家经济研究局
创建时间：
1996-04-01
