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The Effects of Recent Long-Term Wage Agreements on General Wage Level Movements: 1950–1956

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  • Benson Soffer

Abstract

I. Definitions and hypotheses, 36. — II. The evidence, 37; spreading of automatic wage increases during inflation, 38; automatic increases as a floor under wage changes during price stability, 48. — III. Conclusions, 50; summary of the findings, 50; limitations of the findings, 51; mechanism by which GM-type agreements influence wage negotiations, 52; some implications of this study, 54. — Appendix: conceptual considerations, 55; methodological considerations, 57; some alternative views on the findings considered, 59.

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  • Benson Soffer, 1959. "The Effects of Recent Long-Term Wage Agreements on General Wage Level Movements: 1950–1956," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 73(1), pages 36-60.
    • Handle: RePEc:oup:qjecon:v:73:y:1959:i:1:p:36-60.
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