Inflation Expectations and the Structural Shift in Aggregate Labor-Cost Determination in the 1980s
收藏NBER1992-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4018
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资源简介:
Aggregate labor cost equations tended to overpredict labor-cost inflation in the United States in the 1980s. We consider the hypothesis that a change in the price-inflation-expectations mechanism can explain this apparent structural shift in the 1980s. We examine whether the sharp recession of the
提供机构:
美国国家经济研究局
创建时间:
1992-03-01



