THE WAGE-PRICE CONTROL EXPERIMENT--DID IT WORK?

Edgar Feige and Douglas Pearce

Macroeconomics from University Library of Munich, Germany

Abstract: This paper analyses the consequences of the Nixon Administration’s policy of wage-price controls and finds that the controls were essentially ineffective in reducing inflation.

Keywords: wage-price controls; incomes policy; inflation; unemployment (search for similar items in EconPapers)
JEL-codes: E3 E6 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2004-08-07
Note: Type of Document - pdf; pages: 5
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Citations: View citations in EconPapers (1)

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https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0408/0408003.pdf (application/pdf)

Related works:
Journal Article: The Wage-Price Control Experiment—Did It Work? (1973)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpma:0408003

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