Congressional Research Service Issues Insight White Paper on Wage-Price Spiral in U.S.
January 12, 2023
January 12, 2023
WASHINGTON, Jan. 12 -- The Congressional Research Service issued the following Insight white paper on the wage-price spiral in the U.S. (No. IN12075) on Jan. 11, 2023, by macroeconomic policy analyst Lida R. Weinstock.
Here are excerpts:
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Is the United States Experiencing a Wage-Price Spiral?
Recent high inflation and nominal wage growth has sparked a debate about whether the United States is currently in a wage-price spiral. A wage-price . . .
Here are excerpts:
* * *
Is the United States Experiencing a Wage-Price Spiral?
Recent high inflation and nominal wage growth has sparked a debate about whether the United States is currently in a wage-price spiral. A wage-price . . .