The link between labor cost inflation and price inflation in the Euro Area
To gauge inflationary pressures, policymakers generally pay close attention to labor cost developments. A key reason has been the widely held view that labor cost inflation (i.e., wage inflation adjusted for productivity developments) is one of the main causes of price inflation. From a theoreti...
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| Auteurs principaux: | , , |
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| Format: | Artículo |
| Langue: | English |
| Publié: |
Banco Central de Chile
2020
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| Sujets: | |
| Accès en ligne: | https://hdl.handle.net/20.500.12580/4881 |
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