undergone many criticisms and evolutions. The Phillips curve yet remains a fundamental tool for inflation forecasting and …

The sources of inflation are explained by different theoretical approaches in the framework of these theories and their … basic assumptions. For this reason, prescriptions presented to reduce inflation are shaped according to the basic … assumptions of theories. Naturally, the reasons for the emergence of inflation differ for different periods and countries, so the …

1347-48, followed by other waves of bubonic plague, led to an abrupt rise in real wages, for both agricultural labourers … century. While there is no doubt that real-wages in mid- to late- 15th century England did reach a peak far higher than that … ever achieved in past centuries, real wages in England did not, in fact, rise in the immediate aftermath of the Black Death …

frequency as well as the size of wage adjustments. In particular, this paper proposes a structural model of wage inflation … to adjust wages as much as they might desire. The dual wage stickiness model nests the baseline model, based on Calvo … goodness of fitness as well as in the ability to explain the observed dynamic correlation between wage inflation and the output …

that policies with good frames, including inflation targeting, can mitigate the sacrifice ratio. …

frequency as well as the size of wage adjustments. In particular, this paper proposes a structural model of wage inflation … to adjust wages as much as they might desire. The dual wage stickiness model nests the baseline model, based on Calvo … goodness of fitness as well as in the ability to explain the observed reverse dynamic cross-correlation between wage inflation …

sector. I examine the overall relationship between sectoral price inflation and binding minimum wage changes by using a panel … between minimum wage hikes and price inflation in the restaurant sector. The share of minimum wage workers in the technology …

led him to conclude that: Spain had enjoyed virtually no ‘profit inflation’, since wages had generally kept pace with …This article re-examines Earl Hamilton’s famous 1929 thesis on ‘Profit Inflation’ and the ‘birth of modern industrial … capitalism’: namely, that the inflationary forces of the Price Revolution era produced a widening gap between prices and wages …