Wages and Prices Are Not Always Sticky: A Century of Evidence for the United States, United Kingdom, and Japan
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Arthur M. Okun's last book, Prices and Quantities, contributes a theory of universal wage and price stickiness, but provides no explanation at all of historical and cross country differences in behavior. The core of this paper provides a new empirical characterization of price and wage changes over
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美国国家经济研究局创建时间：
1982-01-01
