Wage Inflation

  • M. J. Artis
Chapter
Part of the Current Issues in Economics book series (CIE)

Abstract

Wage inflation is a process of sustained increase in nominal wages. A first question to address is why wage inflation as such should be of particular interest, more so than, say, the rate of inflation of the prices of restaurant meals or of return bus fares.

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Copyright information

© M. J. Artis 1989

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  • M. J. Artis

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