The wage price spiral

by Olivier Blanchard

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Published 1985 by Massachusetts Institute of Technology, Dept. of Economics in Cambridge, Mass .
Written in English

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Edition Notes

Statement	Olivier J. Blanchard
Series	Working paper / Department of Economics -- no. 400, Working paper (Massachusetts Institute of Technology. Dept. of Economics) -- no. 400.
The Physical Object
Pagination	29 p. :
Number of Pages	29
ID Numbers
Open Library	OL24629745M
OCLC/WorldCa	15320305

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Synonyms for price-wage spiral in Free Thesaurus. Antonyms for price-wage spiral. 1 antonym for inflationary spiral: deflationary spiral. What are synonyms for price-wage spiral? Book Chapters. A Structuralist Model of the Wage-Price Spiral with Non-Linear Demand Pressure Terms, with Peter Flaschel and Lance Taylor. Chapter 4 in Flaschel, P., and Luchtenberg, S. Roads to Social Capitalism, Edward Eldgar. The Distributive Cycle with a Non-Linear Wage-Phillips Curve.

The wage-price spiral provides the conceptual framework for a synthesis of different contesting theoretical and empirical perspectives on the AS curve: the Phillips curve model (PCM) and the wage.   There has been a downward trend in annual wage increases since , when wages were increasing at an annual rate above 4%, compared to only 2% for the most recent month period through March Title: The Wage-Price Spiral: Industrial Country Evidence and Implications - WP /03/ Created Date: 8/25/ PM.

  You Can’t Have A Wage-Price Spiral Without Wages J am J am There was a fairly characteristic argument over . This also comprises a typical price dynamic: wage hikes due to inflation cause companies to raise prices, leading to demand for further wage increases, and hence perpetuating a wage"price spiral Author: Magda Kandil. Definition of wage-price spiral: Alternative term for inflationary spiral. Dictionary Term of the Day Articles Subjects BusinessDictionary.