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 language | English |
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Pages (from-to) | 331-333 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 17 |
Issue number | 4 |
DOIs | |
State | Published - 1985 |