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Hypotheses: wage growth and inflation (ignoring monetary policy for the moment) are if not the same thing, tightly coupled. The effects of anti-inflation polic
by mcguire 5y ago
Hypotheses: wage growth and inflation (ignoring monetary policy for the moment) are if not the same thing, tightly coupled.
The effects of anti-inflation policy since the 1980s have been a major component of flat wages since then.
- bladegash 5y agoI think that is a perfectly reasonable and likely hypothesis. It would make sense for prices to rise simultaneous to wages, as companies are not cutting their profit margins out of the goodness of their hearts to pay increased wages.