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1989 | OriginalPaper | Chapter

Wage-Price Spirals

Authors : Prof. Dr. Piero Ferri, Prof. Dr. Edward Greenberg

Published in: The Labor Market and Business Cycle Theories

Publisher: Springer Berlin Heidelberg

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In the model tLat we have considered so far, the wage-price spiral has not played a prominent role, because equilibrium situations have been considered, because only one equation has been taken into account, or because the full impact of the spiral on the nominal values of the other variables has been neglected.

Metadata
Title
Wage-Price Spirals
Authors
Prof. Dr. Piero Ferri
Prof. Dr. Edward Greenberg
Copyright Year
1989
Publisher
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-662-00831-7_7

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