Do rising labor costs trigger higher inflation?
The evidence that developments in compensation growth lead overall CPI inflation has thus far been inconclusive. This study, however, sheds new light on the relationship between labor costs and price inflation. By breaking down compensation and prices into their various components, the author finds that compensation growth in the service-producing segment of the private sector can help predict prices for a specific group of services.
Volume (Year): 3 (1997)
Issue (Month): Sep ()
|Contact details of provider:|| Postal: |
Web page: http://www.newyorkfed.org/
More information through EDIRC
|Order Information:|| Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cara S. Lown & Robert W. Rich, 1997.
"Is there an inflation puzzle?,"
Economic Policy Review,
Federal Reserve Bank of New York, issue Dec, pages 51-77.
When requesting a correction, please mention this item's handle: RePEc:fip:fednci:y:1997:i:sep:n:v.3no.11. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Amy Farber)
If references are entirely missing, you can add them using this form.