Wage inflation and worker uncertainty

Mark Schweitzer

Economic Commentary, 1997, issue Aug

Abstract: Compares two possible explanations of why pay increases continue to be moderate in a vigorous labor market--workers' uncertainty about their jobs and human resource managers' wage-setting behavior--and looks at how each explanation matches the evidence on the timing of inflation and wage changes.

Keywords: Inflation (Finance); Wages (search for similar items in EconPapers)
Date: 1997
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