Why Has Inflation in the United States Remained So Low? Reassessing the Importance of Labor Costs and the Price of Imports

Why Has Inflation in the United States Remained So Low? Reassessing the Importance of Labor Costs and the Price of Imports
This paper examines some of the factors that have been influential in keeping inflation low in the United States during 1995-98, despite strong growth and high levels of employment. Our results identify three important variables: declines in import prices, a slowdown in the growth of nonwage labor compensation, and a decline in labor costs. We... READ MORE...

Publication date: November 1999
ISBN 9781451856873
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: November 1999

PDF

Publication date: November 1999

ePub

Publication date: November 1999

Mobi

Publication date: November 1999

English