importantSYS.SOURCE: Becker-Friedman Institute at the University of Chicago• 2026-08-19T00:53:51Z

Sticky Wage Norms and the Real Wage Cost of Unexpected Inflation

#wage norms #inflation #labor economics

The paper investigates how sticky wage norms influence the real wage cost of unexpected inflation, analyzing the persistence of wage adjustments in response to monetary shocks. It provides insights into the macroeconomic implications of wage rigidities during periods of inflationary volatility.

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