LAUSR

The Passthrough of Labor Costs to Price Inflation

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1 Published in 2017 at "Journal of Money, Credit and Banking"

DOI: 10.1111/jmcb.12449

Abstract: We use a time‐varying parameter/stochastic volatility VAR framework to assess how the passthrough of labor costs to price inflation has evolved over time in U.S. data. We find little evidence that independent movements in labor… read more here.

Keywords: price inflation; price; labor costs; passthrough labor ... See more keywords