Productivity Growth and the Phillips Curve
收藏NBER2001-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8421
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资源简介：
We present a model in which workers' aspirations for wage increases adjust slowly to shifts in productivity growth. The model yields a Phillips curve with a new variable: the gap between productivity growth and an average of past wage growth. Empirically, this variable shows up strongly in the U.S.
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美国国家经济研究局创建时间：
2001-08-01
