Does wage inflation cause price inflation?

Gregory Hess and Mark Schweitzer

Policy Discussion Papers, 2000, issue Apr

Abstract: Is there any evidence to support the assumption that increased wages cause inflation? This study updates and expands earlier research into this question and finds little support for the view that higher wages cause higher prices. On the contrary, more evidence is found for higher prices leading to wage growth.

Keywords: Prices; Inflation (Finance); Wages (search for similar items in EconPapers)
Date: 2000
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