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Titlebook: Wage Inflation; John Burton Textbook 1972Latest edition Macmillan Publishers Limited 1972 economics.flat.Inflation.macroeconomics

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Incomes Policy: Goals, Instruments and Effects,ted-is that the contemporary governmental objectives of less inflation and high employment may be, in some degree, mutually preclusive. Viewed from this policy angle, the Phillips curve defines a macro-economic choice frontier or trade-off relationship between the ‘bads’ of inflation and labour-mark
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Incomes Policy: Goals, Instruments and Effects,ted-is that the contemporary governmental objectives of less inflation and high employment may be, in some degree, mutually preclusive. Viewed from this policy angle, the Phillips curve defines a macro-economic choice frontier or trade-off relationship between the ‘bads’ of inflation and labour-mark
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A Non-Conclusion,s delivered to the reader. Such is how it ought to be, but in the case of this particular topic — wage inflation — the result would be something of highly artificial and dubious manufacture. The frank answer to the question ‘Why have money wages risen year in and year out over the post-war period?’
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Methodological Problems in Wage Inflation Research,rger is the extent of excess demand (i.e. equation (1) or (2)), is an . hypothesis, and is not derivable from the micro-behavioural relationships of orthodox market theory. In other words, even if the hypothesis is found to be corroborated by the evidence, no . of this phenomenon is offered by orthodox theory.
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Methodological Problems in Wage Inflation Research,rger is the extent of excess demand (i.e. equation (1) or (2)), is an . hypothesis, and is not derivable from the micro-behavioural relationships of orthodox market theory. In other words, even if the hypothesis is found to be corroborated by the evidence, no . of this phenomenon is offered by orthodox theory.
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Empirical Research into Wage Inflation,ts cannibalised for this purpose out of statistical theory) that has been observed between the movements in the rate of wage inflation (as measured) and those in the proxy variables for its postulated determinants.
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Empirical Research into Wage Inflation,ts cannibalised for this purpose out of statistical theory) that has been observed between the movements in the rate of wage inflation (as measured) and those in the proxy variables for its postulated determinants.
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