Did Nixon's wage and price controls set in motion the post-1970s decline in real wages?

Eric Nilsson
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Eric Nilsson: Department of Economics, California State University, San Bernardino, CA 92407, USA; Tel.: 1+909-880-5564. enilsson@csusb.edu

Review of Radical Political Economics, 2001, vol. 33, issue 3, 305-313

Abstract: This paper argues that President Nixon's wage and price controls, in affect from August 1971 to April 1974, laid the groundwork for the post-1973 decline in U.S. production worker real wages.

Keywords: Wage and price controls; Nixon; Real wages (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:33:y:2001:i:3:p:305-313

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