Wage indexation and the variability of inflation. An empirical result

Avia Spivak, J. Weinblatt, B. Z. Zilberfarb

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

The effect of wage indexation on the variability of inflation is empirically tested. The empirical analysis, based on pooling annual data (1954-1976) for eleven countries, provides evidence that wage indexation increases the variability of inflation.

Original languageEnglish
Pages (from-to)331-333
Number of pages3
JournalEconomics Letters
Volume17
Issue number4
DOIs
StatePublished - 1985

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